I would like to understand why airbnb doesn't offer a very strict cancellation policy: Full refund for cancellations made within 48 hours of booking, if the check-in date is at least 14 days away. 50% refund for cancellations made at least 7 days before check-in. No refunds for cancellations made within 7 days of check-in. VRBO's definition of "strict" is: Travelers who cancel at least 60 days before check-in will get back 100% of the amount they've paid. If they cancel after that point, they will not get a refund.
We rent out a 4 bedroom home that sleeps 10 people. If we get a cancellation a few months prior to the planned stay, it is very unlikely that we're able to re-book. Can someone from airbnb please comment on this?