Booking flights and a luxurious hotel room for a vacation you’ve been saving up for is one of the best moods. You’ve taken the time off work, budgeted for your trip, and are already thinking about what you’ll do on the first day.
But every once in a while, life intervenes and prevents us from vacationing. You are no longer able to attend due to unforeseen circumstances, such as a family emergency, work obligation, or financial difficulty. The hotel reservation’s non-refundable nature and inability to be canceled are its only drawbacks. You wind up broke and without a vacation.
It’s not just you. According to Forbes, more than 221,000 hotel rooms are booked, paid for, then canceled each day in the United States alone. As a result, $8.6 billion is lost each year due to non-refundable hotel cancellation fees.
It affects more than just the hotel when a guest fails to arrive at the hotel since they are unable to cancel their reservation and no one steps in to replace them.
You lose your money. The hotel loses a guest.
This is where team Hoken comes into play!
Hotels render their rooms non-refundable to minimize their loss when guests cancel their booking. People would constantly cancel and rebook if they didn’t charge for cancellations, which would obviously be a logistical nightmare. Although they are much more expensive, some hotels do offer more flexible prices that let you cancel and obtain a refund in advance.
When you don’t cancel and take the reservation as you had originally planned, you’ve paid additional money for a service that is available to everyone. So what else can you do about an undesirable hotel reservation if you can’t receive a refund and cancel would result in a fee being assessed to you anyhow?
Considering 80% of all reservations for travel are transferable, you could sell hotel rooms even if the guest’s name is altered. The majority of hotels will permit this, although do confirm their specific name change policies.
What are Your Options In Case of a Non-refundable Canceled Hotel Booking?
Move The Date of Your Hotel Stay
Ask the exact hotel about the procedure for updating the details of your reservation. Often, all that is required is for you to confirm your name and booking reference, followed by the day you want to stay at the hotel. Bear in mind that there can be a fee for this if the cost of the new date is more or lower than the cost of the original date; in any case, you will be obligated to pay the difference.
Submit a Claim for Insurance
If you’re covered by travel insurance, you may file a claim and possibly receive a partial refund of your expenses. Your chances are favorable because 87% on average of valid claims are paid out. But, this will rely on the reason you are canceling, as your insurance type may only cover exceptional situations like the loss of a family member or a natural disaster. Also, be careful to retain any papers or other proof you might need to support a claim.
Sell Your Hotel Room
If you sell it to someone else, you can change the reservation to include their information and receive a refund. We, at Hoken, can help you sell hotel rooms the same way by automatically listing them on our marketplace.
Sometimes it’s as easy as contacting the hotel and explaining to them your unavoidable situation. In most cases, the above three options are the only way out.
Let’s Learn How to Sell a Hotel Room (Refundable or Not)!
Hoken is your dream website when it comes to selling your hotel rooms. Not only that, Hoken shows you the nearest hotels to an event in their ‘Featured Events’ section. Book your rooms months before and do not worry about losing money over a change of plans because with Hoken you can sell your hotel rooms in their online marketplace called Roomfolio.
Here’s the step-by-step guide to booking it, using it, and selling it with Hoken hotels!
- Visit Hoken’s official website.
- Scroll down to their ‘Featured Events’ tab.
- Click on it and you will see a list of events happening at your preferred location.
- Select an event.
- Choose a nearby hotel.
- Select the dates and days of your stay.
- Book it.
- Use it.
- Sell it.
Your booked rooms will appear on the ‘My Roomfolio’ page. You have to sign in if it’s your first time on the website. The page will show you the market changes too so that you can sell at a convenient time. You may directly visit Roomfolio by clicking here or by typing gohoken.com/roomfolio.
The transactions are safe and secure. We assure you that your stay with us will be hassle-free, productive, and memorable.
Go Hoken!
Booking flights and a luxurious hotel room for a vacation you’ve been saving up for is one of the best moods. You’ve taken the time off work, budgeted for your trip, and are already thinking about what you’ll do on the first day.
But every once in a while, life intervenes and prevents us from vacationing. You are no longer able to attend due to unforeseen circumstances, such as a family emergency, work obligation, or financial difficulty. The hotel reservation’s non-refundable nature and inability to be canceled are its only drawbacks. You wind up broke and without a vacation.
It’s not just you. According to Forbes, more than 221,000 hotel rooms are booked, paid for, then canceled each day in the United States alone. As a result, $8.6 billion is lost each year due to non-refundable hotel cancellation fees.
It affects more than just the hotel when a guest fails to arrive at the hotel since they are unable to cancel their reservation and no one steps in to replace them.
You lose your money. The hotel loses a guest.
This is where team Hoken comes into play!
But Why Do Hotels Make Their Room Non-refundable?
Hotels render their rooms non-refundable to minimize their loss when guests cancel their booking. People would constantly cancel and rebook if they didn’t charge for cancellations, which would obviously be a logistical nightmare. Although they are much more expensive, some hotels do offer more flexible prices that let you cancel and obtain a refund in advance.
When you don’t cancel and take the reservation as you had originally planned, you’ve paid additional money for a service that is available to everyone. So what else can you do about an undesirable hotel reservation if you can’t receive a refund and cancel would result in a fee being assessed to you anyhow?
Considering 80% of all reservations for travel are transferable, you could sell hotel rooms even if the guest’s name is altered. The majority of hotels will permit this, although do confirm their specific name change policies.
What are Your Options In Case of a Non-refundable Canceled Hotel Booking?
Move The Date of Your Hotel Stay
Ask the exact hotel about the procedure for updating the details of your reservation. Often, all that is required is for you to confirm your name and booking reference, followed by the day you want to stay at the hotel. Bear in mind that there can be a fee for this if the cost of the new date is more or lower than the cost of the original date; in any case, you will be obligated to pay the difference.
Submit a Claim for Insurance
If you’re covered by travel insurance, you may file a claim and possibly receive a partial refund of your expenses. Your chances are favorable because 87% on average of valid claims are paid out. But, this will rely on the reason you are canceling, as your insurance type may only cover exceptional situations like the loss of a family member or a natural disaster. Also, be careful to retain any papers or other proof you might need to support a claim.
Sell Your Hotel Room
If you sell it to someone else, you can change the reservation to include their information and receive a refund. We, at Hoken, can help you sell hotel rooms the same way by automatically listing them on our marketplace.
Sometimes it’s as easy as contacting the hotel and explaining to them your unavoidable situation. In most cases, the above three options are the only way out.
Let’s Learn How to Sell a Hotel Room (Refundable or Not)!
Hoken is your dream website when it comes to selling your hotel rooms. Not only that, Hoken shows you the nearest hotels to an event in their ‘Featured Events’ section. Book your rooms months before and do not worry about losing money over a change of plans because with Hoken you can sell your hotel rooms in their online marketplace called Roomfolio.
Here’s the step-by-step guide to booking it, using it, and selling it with Hoken hotels!
- Visit Hoken’s official website.
- Scroll down to their ‘Featured Events’ tab.
- Click on it and you will see a list of events happening at your preferred location.
- Select an event.
- Choose a nearby hotel.
- Select the dates and days of your stay.
- Book it.
- Use it.
- Sell it.
Your booked rooms will appear on the ‘My Roomfolio’ page. You have to sign in if it’s your first time on the website. The page will show you the market changes too so that you can sell at a convenient time. You may directly visit Roomfolio by clicking here or by typing gohoken.com/roomfolio.
The transactions are safe and secure. We assure you that your stay with us will be hassle-free, productive, and memorable.
Go Hoken!
