When you cancel a reservation on Booking.com in 2026, the outcome is determined entirely by the specific cancellation policy you agreed to at the time of booking. If you chose a "Fully Flexible" or "Free Cancellation" rate, you can typically cancel without any penalty up until a certain deadline (e.g., 24 or 48 hours before check-in). If you cancel after this deadline, you may be charged a fee equivalent to the first night's stay. For "Non-refundable" or "Advance Purchase" rates, the hotel is legally entitled to keep the full amount of the booking regardless of when you cancel. Some hosts may offer a partial refund or a credit for a future stay as a gesture of goodwill, but this is not guaranteed. If you fail to show up without cancelling (a "No-show"), you will likely be charged for the entire stay. It is always best to check the "Fine Print" on your confirmation email, as policies for apartments and villas can be much stricter than those for standard hotels.