AirBnB - New cancellation policy 2018
2018-12-030
Airbnb allows hosts to choose between three standardized booking cancellation policies (flexible, moderate and strict) that are implemented to protect both guests and hosts. The strict cancellation policy is further divided into Strict, Super Strict 30 days and Super Strict 60 days, and the newly added Strict with a period of forgiveness.
100% refunds within 48h of booking and 14 days before check-in.
For a full refund of accommodation costs, cancellation must be made within 48 hours from reservation and at least 14 days before check-in local time (or 15:00, if not specified) on the day of check-in.
50% refund up to 7 days before check-in.
For 50% refunds, cancellations must be made 7 full days before check-in local time (or 15:00 if not specified), otherwise there is no refund.
If you have set a strict cancellation policy and have not made any changes, your cancellation policy will now automatically be updated to the new version.
Source: AirBnB Cancellation Policies