{"id":14135,"date":"2021-09-22T14:41:21","date_gmt":"2021-09-22T02:41:21","guid":{"rendered":"http:\/\/newtw.tourwriter.com\/travel-software-blog\/ancestry-travel-copy\/"},"modified":"2023-10-05T01:10:26","modified_gmt":"2023-10-05T01:10:26","slug":"cancellation-policy","status":"publish","type":"post","link":"https:\/\/www.tourwriter.com\/cancellation-policy\/","title":{"rendered":"COVID 19: How to adapt your cancellation policy for 2022 and beyond"},"content":{"rendered":"
According to the <\/span>Ministry of Business, Innovation & Employment<\/span><\/a>, it is estimated that in New Zealand alone, an estimated $690 million dollars is locked up from travel cancelled due to COVID-19, with approximately 85% related to international travel. While some countries have begun reopening following the implementation of vaccinations, the lifting of global lockdowns, and the start of rapid testing, there are still many unknowns which is resulting in a lot of trepidation for travellers and them re-booking in 2021 and beyond.<\/span><\/p>\n As a business owner emerging from what has most likely been an extremely difficult two years of business,we\u2019d be remiss not to acknowledge the important need to strike a healthy balance between traveller expectations, and the need for you to have some reassurance in your cash forecasting.\u00a0\u00a0\u00a0<\/span><\/p>\n So what can you do as a tour operator to encourage your customers to book with confidence, whilst also balancing your need to protect your business in the months and years to come?<\/span><\/p>\n Here are five examples of COVID-19 cancellation policies that offer guests assurance and flexibility for you and your team to learn from.<\/span><\/p>\n Below are examples of tour companies that are balancing the traveller reassurance by allowing rescheduling, but maintaining their revenue by not outright allowing cancellations.<\/span><\/p>\n Indian Excursion Co<\/span><\/a>: Indian Excursion Co, a tour company that specialises in private, luxurious tours of Rajasthan, has implemented a \u201cFlexibility Promise\u201d that guarantees their customers no charge for rescheduling their trip up to 30 days before departure. They have also temporarily extended their payment policy so that customers can pay their final installment (80%) 30 days before arrival, instead of the usual 60.<\/span><\/p>\n Carameltrail<\/span><\/a>: Carameltrail, a tour company that arranges tailor-made trips to Spain, Portugal and Morocco, wants their travellers to feel 100% safe when making travel decisions and have therefore Reduced trip deposits to 25% and are waving all rescheduling fees as long as the traveller reschedules before December 31 of the following year.<\/span><\/p>\n Below are examples of tour businesses that have decided that offering the peace of mind that comes with a full refund is likely to result in more business overall. Although the commercial risk is higher when you include these sorts of options in your cancellation policy, the school of thought is that it reflects well on your brand, and will likely result in those customers coming back to you regardless.\u00a0<\/span><\/p>\n My Ireland Tour<\/span><\/a>: My Ireland Tour offers a range of Ireland tour packages, as well as bespoke private customised tours. In order to ease the concerns of their customers, they have implemented a \u201cPeace of Mind Travel Plan\u201d that allows unlimited changes up to 60 days before the tour and the ability to transfer the full amount paid to a future tour or get a refund of all monies paid if there is any travel cancellation related to COVID-19. Alternatively, customers have the option to transfer to a future tour up to 60 days before the scheduled departure. Taking it a step further, The My Ireland Tour Team clearly states how they handled the unprecedented events of 2020 and 2021.<\/span><\/p>\n\u00a0<\/span>With travel restrictions changing regularly due to COVID-19, planning a trip at the moment can be tricky. But after a year and a half of living through a pandemic, travellers’ expectations are changing. As travel resumes, travellers are more likely to choose airlines, tour operators, and other tourism-related companies that have adapted cancellation and rescheduling policies in response to COVID-19. The industry standard is shifting towards offering more reassurance and flexibility in order to account for last-minute flight cancellations, border closures, outbreaks and more.<\/span><\/p>\n
Finding balance in your cancellation policy<\/h2>\n
Hassle-free rescheduling<\/h2>\n
Giving customers peace of mind with full refund options<\/h2>\n