What are the reasons for cancellation fees?

Why do companies charge cancellation fees?

Cancellation fees are often charged to cover costs incurred by the company, such as lost revenue and administrative expenses.

What kind of costs do these fees cover?

They can cover costs like booking fees, staff time, and potential loss of business if the slot is not filled.

Are there any situations where cancellation fees can be waived?

Yes, many companies may waive fees for emergencies or if you cancel within a certain time frame.

How can I avoid cancellation fees in the future?

To avoid fees, always check the cancellation policy before booking and consider purchasing flexible options.