Should you pay extra for cancellation?

In short: Yes, cancellation fees will hurt if you must cancel a reservation, particularly on short notice. But if you plan carefully, they shouldn't come up often. If you cancel one trip in ten, and incur a $200 fee, you're essentially paying $20 a trip.



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Definition of 'cancellation fee' A cancellation fee will be charged according to the number of days' notice you give of the cancellation. If you cancel your reservation and you have insurance, you may be able to claim a refund of the cancellation fee.

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How do you tell clients about the cancellation policy?
  1. Define your cancellation time frame.
  2. Define the consequences of late cancellation.
  3. Communicate each rule of the guideline with your clients to avoid any possibilities of confusion.
  4. You can ask your clients to sign a written cancellation policy.


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