Insight
Hosts can reduce cancellation rates by shortening their last-minute booking window and allowing same-day bookings.
Booking.com Refunds Policy: Process and Ts & Cs Explained
Summary
This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.
Key takeaway