Airbnb is making major changes to its cancellation policy — here’s how guests benefit - New York Post
Summary
This article announces upcoming changes to Airbnb's cancellation policy, which will benefit guests. Specific details regarding these changes, such as the specifics of what these benefits are, are not known at this time. Hosts should monitor Airbnb’s updates to understand how these changes might impact their business and plan accordingly.
Action Items
- ✓Hosts should review their current cancellation policies and adjust them as needed to remain competitive.Effort: mediumImpact: medium
- ✓Hosts should monitor Airbnb’s official announcements and platform updates regarding the specifics of the new cancellation policy.Effort: lowImpact: medium
- ✓Consider the potential impact of these changes on your revenue and occupancy rates, and adjust your pricing strategy accordingly.Effort: mediumImpact: medium
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