How to Create Cancellation Rules
To create cancellation rules for a hotel, navigate to Settings > Rates > Rules & Restrictions > Rules > Cancellation Penalties > +Add New Rule.
Upon doing so, enter information in the fields for REQUEST NAME, AMOUNT, AMOUNT TYPE, and DESCRIPTION. The fields for DAYS IN ADVANCE, TIME, CANCELLATION CHARGE CODE, and APPLY TO ALL BOOKINGS are all optional.
Once you've entered the necessary information, select SAVE CHANGES to add the cancellation penalty.