What are Airbnb's cancellation policies?

Airbnb offers a variety of cancellation policies to suit different needs. Here's a summary of their main policies:

Flexible: Guests can cancel up to 24 hours before check-in for a full refund. If they cancel less than 24 hours before check-in, the host is paid for the first night.
Moderate: Guests can cancel up to 5 days before check-in for a full refund. If they cancel later, the host is paid for the nights stayed, plus one additional night and 50% of the remaining nights.
Firm: Guests must cancel at least 30 days before check-in for a full refund. If they cancel between 7 and 30 days before check-in, the host is paid 50% for all nights. Cancellations within 7 days result in full payment to the host.
Strict: Guests can only get a full refund if they cancel within 48 hours of booking and at least 14 days before check-in. Cancellations closer to the check-in date result in partial or no refunds.
Long-term: For stays of 28 nights or more, guests must cancel at least 30 days before check-in for a full refund. If they cancel later, the host is paid for all nights spent and an additional 30 nights.

Airbnb's cancellation policies range from Flexible, allowing full refunds up to 24 hours before check-in, to Strict, requiring early commitment with limited refunds, ensuring a balance between guest flexibility and host security.