Airbnb’s new 24-hour free cancellation policy is officially live—and if you’re not prepared, this change could mean a bumpy ride ahead. In this week’s episode, Sarah and Annette break down exactly what’s new, what’s going away, and how these updates impact hosts of every size.From understanding the shift toward guest-friendly policies, to forecasting cancellations as a standard cost of doing business, to tightening up your communication strategies—this conversation gives you the mindset, tactics, and next steps you’ll need to stay profitable and confident.Whether you’re managing a luxury cabin, an urban apartment, or an entire portfolio, this episode will help you adapt quickly and strategically to Airbnb’s platform-wide changes.What we cover in this episode:What Airbnb’s new 24-hour free cancellation policy includesWhy strict cancellation policies are being phased out for new listingsWhat existing hosts can expect moving forwardHow to forecast cancellations as a normal cost of businessThe importance of proactive guest communicationHow to reduce cancellations through relationship-buildingWhat these changes mean for larger or luxury propertiesSteps to stay prepared, not reactive, as the platform evolvesKey takeaway:You can’t control Airbnb’s policy decisions, but you can control how prepared you are. Anticipating cancellations, knowing your numbers, and communicating intentionally are now essential pillars of running a resilient STR business.Resources: Airbnb Help Center: Updated Cancellation PoliciesMentioned in this episode:Minoan | Visit MinoanExperience.com and tell them TFV sent you! Avalara | Book a demo to save $100