Insight
The Airbnb Extended Cancellation Option is a paid add-on for guests, allowing them to cancel for a full refund up to 24 hours before check-in, irrespective of the host's cancellation policy.
Airbnb Extended Cancellation Option: What Hosts and property Managers Need to Know
Summary
Airbnb's new Extended Cancellation Option lets guests pay to cancel up to 24 hours before check-in, even on strict policies. Hosts are still paid per their existing policy, with Airbnb covering the difference. The option is auto-enabled for eligible listings.
Key takeaway