What are the benefits of flexible cancellation policies?
Flexible cancellation policies offer peace of mind, allowing customers to change plans without penalties.
How do these policies affect customer satisfaction?
They significantly boost customer satisfaction as they provide more control and reduce stress over travel plans.
Are there any downsides to having flexible cancellation policies?
Yes, they can lead to increased cancellations, which may affect revenue for businesses.
What industries benefit the most from these policies?
Travel, hospitality, and event planning industries benefit greatly from flexible cancellation policies.
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