I have a firm cancellation policy with a non-refundable option.
Just today I had a guest cancel his Labor Day weekend reservation 9/1-9/5. It appears he received no penalty and I receive zero payout even though he cancelled 28 days prior to his check-in date. He did not choose the non-refundable option.
Here is the copy and paste "Firm" cancellation policy text from Airbnb... "Full refund for cancellations up to 30 days before check-in. If booked between 30 and 14 days before check-in, full refund for cancellations made within 48 hours of booking. After that, 50% refund up to 7 days before check-in. No refund after that."
Am I reading or understanding this policy incorrectly?