My cancellation policy is moderate. I can't seem to find in the help section the fine print/exact details as to what portion of a guest booking I keep when the guest cancels less than 5 days out. I found an old help thread here that said the guest loses the first night and 50% of the rest. Is that still true or has it changed?
I am also unsure how to handle my current situation:
I have a guest that messaged me last evening that she has to cancel her upcoming stay, checking in Friday for 4 nights, leaving Tuesday. I might be able to rebook two nights, just the weekend. But it's highly unlikely I will get the weekend plus 2 days into the week, which fouls up my calendar.
Usually I'm not bothered by a 2-day weekend cancellation and will give a refund if I can rebook. But because a longer string of days has been blocked, I feel like I should get every penny I can. It is highly unlikely someone will book with me for Sunday night and Monday night.
My listing is in a resort area. I have about 90% occupancy. It's pretty straightforward... I have people who come just on the weekend (spur of moment booking), or for a long 3day weekend (advance booking bc they must take off from work), and then I have people who only book 4 to 5 days mid week because my rates are cheaper then. My weekday bookings are always booked well in advance, and then the weekends get picked off randomly.
I'm getting a little frustrated because the guest actually hasn't even canceled yet, so I'm losing precious time for rebooking since the calendar is still blocked. I don't want to get dinged for cancelling her reservation either.