Whether a Disney reservation is refundable depends heavily on the timing of your cancellation and the type of booking. For Walt Disney World and Disneyland Resort packages (room plus tickets) in 2026, you generally receive a full refund if you cancel 30 days or more prior to your arrival date. If you cancel between 2 and 29 days out, you are typically refunded your payment minus a $200 cancellation fee. Cancellations made 1 day or less before arrival, or "no-shows," are usually entirely non-refundable. It is important to note that room-only reservations often have more flexible windows (e.g., up to 5 or 8 days before arrival for a full refund), while specific items like non-refundable "runDisney" registrations or travel protection plans are never returned. Always check your specific confirmation email, as third-party hotel bookings made through Disney may carry even stricter penalties.