I have opted for the new policy on my account. Here is what it is:
Full refund for cancellations up to 30 days before check-in. If booked fewer than 30 days before check-in, full refund for cancellations made within 48 hours of booking. No refund after that.
We’re testing this policy—it’ll only be shown to 50% of your guests. The other 50% will be shown your current Strict cancellation policy.
Looks like there is a second BETA as well.
Modified Strict or Non-refundable
In addition to the modified Strict policy, offer a non-refundable option—guests pay 10% less, but you keep your payout no matter when they cancel. Learn more
Try out a new cancellation policy
Based on feedback from hosts, we’d like to add a new cancellation policy that protects your income like Strict but gives guests more confidence to book.
Here’s how it works:
Guests can cancel for a full refund until 30 days before check-in
After that you get paid 100% for all nights
If guests book between 30 and 14 days before check-in, they have 48 hours after booking to cancel for a full refund
We’ll test the new policy against your current Strict policy—the results and your feedback will help shape the final version. Here are the details:
Once you opt in, the new policy will be shown to only half of your guests
The other half will be shown your current Strict cancellation policy
You’ll be shown which reservations belong to each group
You can opt out of the test at any time by selecting another policy
Thanks for helping us build the future of Airbnb.