Airbnb Changed Their Cancellation Policy AGAIN?? (DO THIS NOW!)

3.1K views29 days ago15m 15sScore: 82

Airbnb Hosting and Short Term Rental Tips

Pricing & Profitability
intermediate
Revenue Management
Pricing Strategy
Airbnb
Guest Communication

Summary

Airbnb is implementing a 24-hour free cancellation window for stays under 28 days, phasing out the strict cancellation policy for new listings. Hosts should anticipate more cancellations, build a cushion into their revenue forecasting, and communicate proactively with guests post-booking to build a relationship, which will lower cancellations and improve satisfaction.