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Here we will present the options in order from the most flexible to the most strict policies.

Hosts need to consider the value of a flexible policy that will attract more potential bookings, against the financial impact last-minute cancellations and loss of income will have on their overall budget. Obviously, policies that favor guests are riskier for hosts and vice versa. Airbnb’s Cancellation Policies for Short-Term Bookings (28 days or less)Īirbnb has a number of options of cancellation policies for short-term bookings. Our vast knowledge in the hospitality space enables us to streamline the most important factors when considering and choosing the right cancellation policy for you. As the leading holistic management platform for short-term rentals, Guesty For Hosts is here to break down each of the cancellation policy options that Airbnb offers and highlight the pros and cons of each. If you’re feeling lost about which cancellation policy is best for you and your listing, don’t fret. There are also some cancellation policies that are available to a limited number of hosts: by “invitation-only” or when Airbnb is testing new policies. Given today’s cautious state of travel, it’s important to find a policy that allows you, as a host, to align with your guests while avoiding financial loss.Īirbnb’s cancellation policy options vary by type of listing (i.e., short-term or long-term), in some cases, the geographical location of your listing, and several other factors. As you customize your listing, you’ll have to determine the nightly rate, say yay or nay to instant booking, and eventually, choose one of several policies in the event that guests cancel their reservation with you. Congratulations! You have a property listed on Airbnb.