Airbnb Cancellation Policies: Which One is Right for Your Listing?

Richard FertigApr 17, 20177m 42s23.3K viewsScore 85
Your Listing
intermediate
cancellation policy
Airbnb
host income
booking strategy
guest flexibility
M

Summary

AI-generated

This video explains Airbnb's three cancellation policies: Flexible, Moderate, and Strict. Hosts will learn how to choose the best policy based on their income needs and booking patterns, and understand potential future shifts towards more guest-friendly options.

Key insights

  • When a guest cancels, cleaning costs are typically not included in their refund, as no cleaning has occurred yet.

Mistakes to avoid

  • Choosing a Flexible policy when you heavily rely on rental income for essential payments can be risky due to the higher likelihood of cancellations impacting your finances.

Tools & resources

  • STRU Facebook Groupplatform

    Join the STRU Facebook group for discussions and learning from other short-term rental hosts.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial