Airbnb Cancellation Policy | [phone]

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Airbnb
Cancellation Policy
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• What is the Airbnb Cancellation Policy?
• It is a system in place to oversee guest and host
  cancellations. Depending on the terms and payout,
  Airbnb has several cancellation policies. Hosts
  can partially be compensated for cancellations,
  depending on which cancellation policy they
  choose. (exact terms also depend on the location
  of the host)
• Airbnb Cancellation Options
• Let's examine the different types of cancellation
  policies on the Airbnb platform and you as the
  host can determine which one works best for your
  vacation rental listing.
• Flexible Policy
• Moderate Policy
• Strict Policy
• Long-term Policy
• Super Strict 30 Days Policy
• Super Strict 60 Days Policy

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• Flexible Policy
• The Airbnb Flexible cancellation policy is the
  most lenient option for guests. In this policy,
  guests are eligible for a full refund when
  canceling a reservation at least 24 hours before
  check-in (local time of the property).
• If the guest cancels a reservation less than 24
  hours before check-in, they will still need to
  pay for the first nights stay, plus the Airbnb
  service fee.
• If the guest decides to cancel his/her stay after
  arriving, he/she is eligible for a full refund
  for any remaining nights of the reservation.
• Airbnb's search engines rank this option higher.
  You have a greater chance of bookings and keeping
  your calendar full. Because there is no
  commitment required from guests, and have more
  flexibility.
• The downside is that hosts are not protected
  against cancellations and stand to lose revenue
  since they bear all the risk.

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• Moderate Policy
• The moderate cancellation policy is the most
  popular option. It is more restrictive than the
  Flexible policy but still allows guests a certain
  amount of flexibility and the opportunity to
  receive a full refund.
• With a moderate policy, Airbnb hosts are less
  susceptible to cancellations. cancellation made
  at least 5 days before check- in will result in a
  full refund of the accommodation fees.
• A guest who cancels their booking within 5 days
  of the booking start date will forfeit their
  first night's stay as well as the Airbnb service
  fee. Additionally, only half of the booking fees
  will be refunded. For remaining nights in the
  room, the guest will get a 50 refund if they
  decide to cancel after checking in. They will,
  however, be responsible for paying for any nights
  spent.
• Guests are prohibited from canceling at the last
  minute to avoid financial penalties. Hosts are
  better protected against cancellation losses, and
  the nature of the cancellation policy may attract
  more serious guests.
• Although Hosts are still exposed to cancellations
  within a week of a reservation, they will still
  receive a lower cancellation rebate than their
  original booking fee.
• If the cancellation occurs, it may be difficult
  to find another booking to fill the dates.

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• Strict Policy
• The Airbnb Strict cancellation policy allows
  guests to receive a full refund if they cancel
  within 48 hours of booking and at least 14 days
  before a listing's check-in time.
• In the event of a cancellation within 48 hours,
  the guest is only entitled to 50 refund,
  regardless of how far out the check-in date is.
• A 50 refund will also be given if the
  cancellation takes place at least seven days
  prior to the booking date. Furthermore, the
  cleaning fee will be refunded to them, but the
  service fee is not. Refunds are not available if
  the guest cancels less than 7 days prior to the
  arrival date.
• Due to the potential financial loss, guests
  cancel fewer bookings, and hosts have more time
  to find new bookings for canceled dates, thereby
  lowering revenue loss from cancellations.
• A property with such a policy may be less likely
  to be booked, and its visibility in Airbnb search
  results could be lowered which could lower the
  overall booking rate.

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• Long-term Policy
• All reservations lasting 28 nights or more are
  subject to Airbnb's long-term cancellation
  policy. To receive a full refund, guests must
  cancel 30 days in advance. In case of
  cancellation, the guest will need to pay the
  first month's reservation price.
• Additionally, if the guest decides to check out
  early during the stay, the guest will have to pay
  for 30 days following the date of the
  cancellation or up to the end date of the
  original reservation.
• When a guest cancels within 30 days of check-in,
  hosts receive a full month's reimbursement and do
  not have to spend as much time finding new guests
  and making reservations.
• This has the downside of lower earnings potential
  because your property is more susceptible to
  damage by long-term guests, and you will have
  greater chances of problems arising.

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• Super Strict 30 Days Policy
• Only seasoned hosts are eligible for this option.
• When a guest cancels a reservation 30 days prior
  to check-in, there is a 50 refund.
• The Airbnb guest forfeits the accommodation fee
  if they cancel less than 30 days before check-in.
  A guest will not be refunded if they decide to
  cancel after they have checked in.
• The majority of guests who book properties with
  this policy do not cancel, and the hosts are well
  compensated if they do, as well as there is still
  plenty of time to find a new booking for the
  dates if a guest cancels.
• The disadvantage of this policy is that it
  discourages guests from booking your property,
  which could reduce the overall booking rate.
  Also, it can give the impression that you are an
  unfriendly or strict host.

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• Super Strict 60 Days Policy
• Only seasoned hosts may access this option, and
  it is only by invitation.
• Super Strict 60 Day cancellation policy works
  similarly to Super Strict 30 Day cancellation
  policy. The only difference is that the guest
  must cancel at least 60 days before check-in to
  receive a refund of 50 on the accommodation fee.
• When a guest cancels after arriving or less than
  60 days before check-in, they are not entitled to
  a refund.
• When guests book properties with this policy,
  they're unlikely to cancel and hosts are
  compensated well if they do cancel. However,
  there is still plenty of time to find a
  replacement guest if a cancellation occurs.
• The disadvantage of this policy is that it
  discourages guests from booking your property,
  which could reduce the overall booking rate.
  Also, it can give the impression that you are an
  unfriendly or strict host.

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• Airbnb Host Cancellation Policy
• Airbnb host cancellation policy protects guests
  to ensure they have a pleasant experience. Airbnb
  has implemented a number of measures around
  cancellations
• If an Airbnb host cancels any reservation more
  than seven days before the guests check-in date,
  Airbnb deducts 50 from the hosts next payout.
• If a host cancels any reservation within seven
  days of check-in, they will be charged a 100
  fee.
• And if hosts cancel more than one reservation
  within a six-month period, they will be charged
  50 per cancellation.
• If a host cancels before the check-in date,
  Airbnb leaves an automatic review on the listing
  profile mentioning the cancellation.
• Besides, when you cancel a booking as a host,
  your calendar remains blocked for the canceled
  reservations dates, and you wont be able to
  accept another booking for the same dates.