When was the last time you familiarized yourself with AirBnb's cancellation policies? They've come a long way since we started using them in 2016. What used to be simple flexible, moderate, and strict policies, are now much more detailed and offer more options within these three as well as new cancellation policies!
As a host, it's so important to stay on top of this ever evolving booking platform. Make sure you're up to date and that you have the right cancellation policy for your rentals.
Review the slides and below that is additional information regarding new cancellation policies for both short AND long term guests in your units.
Continue reading below for more information on AirBnb's Cancellation Policies:
Long term
This policy applies to all stays of 28 days or longer and overrides your standard cancellation policy for those stays.
To receive a full refund, guests must cancel within 48 hours of booking, and the cancellation must occur at least 28 days before check-in
If a guest cancels after that, you’ll be paid 100% for all nights spent, plus 30 additional nights
If fewer than 30 days remain on the reservation when the guest cancels, you’ll be paid 100% for all of those remaining nights
Non-refundable option
Some Hosts earn more money by adding a non-refundable option to their listings.
Super Strict 30 days
This policy is invitation-only and available only to certain Hosts under special circumstances.
Guests must cancel at least 30 days before check-in to receive a 50% refund for all nights
If they cancel after that, you’ll be paid 100% for all nights
Super Strict 60 days
This policy is invitation-only for certain Hosts under special circumstances.
Guests must cancel at least 60 days before check-in to receive a 50% refund for all nights
If they cancel after that, you’ll be paid 100% for all nights