Recently put property back on book ing and have had two cancellations in less than two weeks - these are long distance visitors so they are holding rooms as others mentioned before to see if a better deal comes up or to give themselves flexibility in their plans. I never have more than 8 cancellations an entire year so to have this happen it's obviously a trend with these bookers. We take a deposit and I noticed that my listing now says no fee for canceling up to 14 days out, full refund. I'm making them change it as now I'm out the credit card fees on this (yes my mistake for not seeing it wasn't set as it had been previously). Do you get many more cancellations on the OTA bookings vs. those who book direct with you? I noticed that my competitors all have free cancellation - if you take a deposit like we do this can add up to a good deal of money.
My concern is that if I put next year's midweek summer rooms on there then I go ahead and charge the normal 50% deposit, I will be refunding large amounts of money next May June when they all start canceling. What do others do? Do you take a deposit on these and do you allow free cancellation? Thanks.
My concern is that if I put next year's midweek summer rooms on there then I go ahead and charge the normal 50% deposit, I will be refunding large amounts of money next May June when they all start canceling. What do others do? Do you take a deposit on these and do you allow free cancellation? Thanks.