Hotel-tech glossary
Cancellation Policy
The contractual rules governing when a guest can cancel and what they are charged.
A cancellation policy defines the timing and financial consequences of a guest cancelling a reservation. Cancellation policy is the single most-confused booking term across OTA listings and the source of most policy disputes; explicit channel-by-channel disclosure prevents most complaints.
Part of the hotel-tech glossary. Maintained by Maciej Dudziak, founder of Guestivo.