Help & FAQs for owners

What happens if a booking is cancelled?

Bookings are either cancelled by a Property Owner or by a guest.

Cancellations by the Property Owner

In this instance, we will have normally taken a 25% deposit and this will be refunded to the guest without question. Alternatively, the payment will be moved over to a new booking. Guests who receive a cancellation will often want to rebook a new apartment, so we will need to refund/cancel their payment ASAP.

The commission on the cancelled booking will still be payable by the Property Owner to Reserve, to cover the admin costs and time involved for us dealing with the cancellation, sourcing alternative accommodation for the guest and the damage caused to our reputation by having to cancel a booking made with us.

Cancellations by the Guest

In this instance, we will retain our commission on the total value of the booking and will hold/transfer funds taken by us to the Property Owner in accordance with the terms and conditions in place for the property.

We usually take a 25% deposit for bookings, so if a booking is then cancelled by the guest we would retain our commission and forward the remaining amount to the Property Owner if this is in accordance with the terms and conditions agreed to by the guest at the time of booking.

To cover your losses as a result of cancellations we suggest asking for the full balance of the booking at least 6 weeks before the guest's arrival.

Visit our Help for Owners section to find out a range of useful info for property owners or head to our homepage to see how we can work with you.