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title: Payout Policy
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## Payout Policy

**1. How much is the payment holding period for the host after 1st booking?**

If you're a new Host, Resortifi may hold your payouts for 30 days after your
first booking is confirmed. If your first booking is more than 30 days away,
your payout will be released 24 hours after your guest's scheduled start
date.

**2. What if there are more bookings in the same period?**

Any further bookings received in between the 30-day holding time will also
follow the payout hold policy as mentioned above. These held payouts will be
released to the host within 24 hours after the guest’s check-in day.

Hosts should note that once they pass this 30-days mark, their payout
release time will be 24 hours after the guest’s check-in day.

**3. What about the payout policy for the longer stays?**

If you are the new host who got a booking of 28 nights or longer, this
booking’s payout will be processed monthly. Resortifi follows the monthly
payout cycle for long-term reservation.

**Cancellation Policy**

Resortifi hosts can select their own cancellation policy (flexible, moderate,
strict)   for   short-term   stays   (i.e.,   27   days   or   less),   while   a   standard
cancellation policy is followed for all long-term stays (i.e. 28 days or more).

**1. Flexible Cancellation Policy**

With this policy, booking can be cancelled free of cost until 24 hours before
the check-in time. For cancellation after 24-hours mark, cost of first night and
service fee will be charged.

**2. Moderate Cancellation Policy**

Guests can cancel until 5 days before check-in for a full refund. 

If they cancel after that, cost of first night and service fee will be charged,
and only a 50% refund will be paid.

**3. Firm Cancellation Policy**

In this policy, to receive a full refund, guests must cancel at least 30 days
before check-in If they cancel between 7 and 30 days before check-in, they
will get a 50% refund.  If they cancel less than 7 days before check-in, there
will be no refund

**4. Strict Policy (30, 60 Days)**

Strict 30 Days

With a strict 30-day cancellation policy, the service fee isn’t refundable. For
cancellation at least within 30 days prior to check-in, a 50% refund will be
made on your total nightly rate and the cleaning fee. 

Strict 60 Days

With a strict 60-day cancellation policy, the service fee isn’t refundable. For
cancellation at least within 60 days prior to check-in, a 50% refund will be
made on your total nightly rate and the cleaning fee.
