The standard or most common cancellation policy used by hosts or property managers in the short-term rental industry.
Glossary Term: Guest Refund
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A cancellation policy that allows guests to cancel their reservation for a full or partial refund, depending on the time frame and circumstances of the cancellation.
A formal request made by a guest or host to Airbnb or VRBO for financial reimbursement due to damages, injuries, or other issues covered by their respective insurance or guarantee programs.
Outlines the terms and conditions under which a short-term rental agreement can be canceled, including potential penalties or refunds.