The cancellation policy of your property will take as a 'default' the one set in the Marketing and Policy area. This can be used for all channels of distribution and apply to all rates and rooms, to maintain simplicity. But some properties wish for specific deposit and cancellation policies that become allocated to specific Agent channels (such as a 'special' on your website; or your GDS bookings to a local company; or the 'non-cancellable' rates assigned to Expedia and/or Expedia, and these unique policies are supported via . - Cancellation Policy (Booking Engine and in Merge Fields)– First choose the time period of the cancellation policy in either hours or days prior to or after arrival. You can also choose no cancellation policy or always a cancellation policy.
- For example, "if not cancelled X hours prior to arrival" is chosen, then the number entered would be calculated in hours.
- Cancellation Type: Choose "Number of Nights", "Flat Rate" or "Percentage
- Allow cancellations within the penalty period – Do you want to allow cancellations within the cancellation period you have set. Typcially this is set to No.
- where X is (hours / days / time): Choose the penalty period in hours or days for your cancellation policy.
- Cancellation Amount: Enter the amount of your cancellation fee based on the "Cancellation Type" you have chosen. For example, if you chose "Number of Nights", and need a 1 Night Deposit as a cancellation fee, then enter 1. If your cancellation is $50, then choose "Flat Rate" in Cancellation Type and enter 50.
An example of a Cancellation policy might be: If your booking is not canceled at least 24 hours prior to your scheduled arrival, you will be charged a $100 cancellation fee. This fee will be billed to the credit card you used to guarantee your booking. The Guest agrees to this when booking, and the property is therefore protected against a 'chargeback' when/if the cancellation occurs within the period - in the case of the example above, within 24 hours of arrival. If using Self Cancellation, then one can either use the 'default' policy set in the Marketing and Policy area or create specific deposit and cancellation policies in the 'Cancellation Policies' area that become allocated to Rates, then to specific Agent channels. Read about the Self Cancellation process here. Image Added |