Businesses or service providers are often not paid until “someone is in their chair,” so charging a cancellation fee is the only way to compensate for their losses in event cancellation.
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The trick? Simply move the date of your booking to a later date (which can usually be done free of charge), then cancel it - which often means you are within the free cancellation period and won't have to pay cancellation fees.
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.