How do you explain cancellation fees to clients?
How do you explain cancellation fees to clients?
How do you tell clients about the cancellation policy?
- Define your cancellation time frame.
- Define the consequences of late cancellation.
- Communicate each rule of the guideline with your clients to avoid any possibilities of confusion.
- You can ask your clients to sign a written cancellation policy.
How do you explain cancellation fees?
Definition of 'cancellation fee' A cancellation fee is a sum of money you must pay if you cancel a hotel reservation after the cancellation deadline.
Is it OK to charge a cancellation fee?
Ultimately, the decision to charge cancellation fees is up to you. If you do decide to charge clients who fail to turn up or don't cancel within a reasonable amount of time, then you are within your rights to support cancellation fees.
Why should I pay cancellation fee?
For Protection A cancellation policy is a way to protect yourself from lost business and revenue. A good policy should have a fee or penalty for cancellation, and enough time built into the cancellation notice so you can re-book the spot.