Airbnb quietly updated their cancellation policies... here's what you need to know
Summary
AI-generatedThis video explains Airbnb's significant cancellation policy changes in 2025, including the elimination of the Strict policy and the introduction of 'Reserve Now, Pay Later'. It provides actionable strategies for hosts to protect their income, such as leveraging non-refundable rates, implementing dynamic pricing, and diversifying to other platforms like Vrbo and Booking.com.
Key insights
Airbnb eliminated the Strict cancellation policy globally on October 1st, 2025, migrating many hosts to the weaker Firm policy, which offers guests a full refund if they cancel up to 30 days before check-in.
Mistakes to avoid
Relying solely on Airbnb's 'Smart Pricing' can lead to underpricing and reduced profitability, as it prioritizes filling dates for Airbnb's commission over maximizing host revenue.
Tools & resources
BNB Tribecourse
BNB Tribe is a community and training program offering advanced pricing strategies and platform diversification guides for short-term rental hosts.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial