Some Penalities Vacation Rental Owners could incur when Cancelling a HomeAway Booking | Ferienwohnungsbesitzer FeWo-Portal
- You might lose up to 10 % of your total booking fee (depending on the proximity of cancellation to check-in date).
- Loss in guest confidence – Negative reviews and lower repeat bookings.
- Drop in ranking on the platform’s search result pages.
- You could lose Instant Booking benefits and get Advanced Payments revoked for your account …
(Source: via @homeaway_asia – Get the full story at http://blog.homeaway.asia/how-cancellations-hurt-your-business/ )