Non-Refundable Policy FAQ
Welcome to the FAQ on the Non-Refundable Policy. As a Holidu host, you can offer this policy alongside your standard cancellation rules to attract guests with firm travel plans and reduce the risk of last-minute cancellations.
This FAQ provides clear answers on how the policy works and how to set it up.
What Is the Non-Refundable Policy?
The Non-Refundable Policy lets you offer an alternative cancellation option in addition to your standard cancellation policy, aimed at guests with firm travel plans. Guests opting for this policy receive a discount between 5% and 20% on their booking.
Benefits of the Non-Refundable Policy:
- Booking appeal: Attract guests who are confident in their travel plans with a discounted rate.
- Cancellation protection: If a guest with this policy cancels, a 100% cancellation fee applies, so the booking value is not lost to a late cancellation.
How Does the Non-Refundable Policy Work?
During the booking process, guests will see your standard cancellation policy along with the Non-Refundable option if it is activated. The Non-Refundable rate applies the discount you have set to the booking price. If a guest cancels, the 100% cancellation fee applies, so the booking is paid out as planned.
Example of how the Non-Refundable Policy appears on the booking page:
How Can I Set Up the Non-Refundable Policy in My Holidu Account?
Follow these steps to enable the Non-Refundable Policy:
Step 1: Log in to your Holidu Host Account
Access your Holidu Host Account through the website or app. Click on "Properties" and select the property you wish to update.
Step 2: Navigate to Opportunities
Go to "Opportunities" on the left-hand menu.
Step 3: Click on Configure
Find "Secure your earnings with a Non-Refundable policy" and select "configure". Alternatively, under the section "Cancellation Policies" in the left-side menu, go to "Cancellation Policies" and configure the Non-Refundable policy.
Step 4: Set the Discount
Configure the policy details and choose between 5%, 10%, 15%, or 20% discount options.
Step 5: Save Your Changes
Click "Activate" to apply your settings.
Frequently Asked Questions
Which distribution channels offer the Non-Refundable Policy?
The Non-Refundable Policy is available on Holidu, all white-labels, the Holidu website, Airbnb, and will soon be available on Booking.com.
Can the Non-Refundable Policy combine with other discounts?
Yes, except when used with new-listing promotions on Holidu and Airbnb.
Will there be changes in payment schedules?
No, payment schedules remain unchanged. Payouts occur two days before arrival, and up to three days after check-in for last-minute bookings.
What happens if a host needs to cancel a booking?
Standard cancellation procedures apply, including guest relocation and any applicable penalties.
Are Non-Refundable Policy rates always visible to guests on Airbnb?
No, these rates are visible only for checkouts within 60 days.
Conclusion
By offering the Non-Refundable Policy, you can attract guests with fixed travel plans and protect your booking value if they cancel. This flexible cancellation option is a powerful tool to optimize your revenue while building trust with committed travelers.
For additional support or questions, please visit our Holidu Help Center or contact our customer support team.
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