Morakinyo Investment Hotels

34,Popoola Street, Agboyi Ketu, Lagos
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Discount

2.00% Off

Status

open

Property Type

E-BUDGET

Airport

Gbagafa

About this property

**Budget Bliss in Lagos: Discovering Morakinyo Investment Hotels** As a traveler on a tight budget, finding a welcoming and affordable haven in a bustling city like Lagos can be a daunting task. Bu...

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Gold
Available

Gold

#10
₦24,500.00 ₦25,000.00 /night
Single
2 guests

Amenities:

["tv" "minibar" "wifi" +4 more
Cameroon
Available

Cameroon

#7
₦25,043.90 ₦25,555.00 /night
Single
2 guests

Amenities:

["tv" "ac" "minibar" +6 more

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Property Amenities

Wifi
Restaurant
Air Conditioning
Room Service
Laundry Service

Policies

**Crafting a Fair and Guest-Friendly Cancellation Policy for Your Budget Hotel**

As a budget hotel owner or manager, establishing a clear and fair cancellation policy is crucial to maintaining a positive reputation while protecting your business. A well-designed policy ensures that guests understand their obligations and responsibilities, while also allowing for flexibility and understanding in case of unexpected events. In this guide, we will walk you through the essential components of a cancellation policy that balances guest needs with business protection.

**I. Time Windows for Cancellation**

When determining your cancellation policy, consider the following time windows:

- **48-Hour Cancellation Policy**: Allow guests to cancel or modify their reservations up to 48 hours before check-in without incurring any penalties. This provides guests with sufficient time to adjust their plans, while also giving your hotel a chance to re-sell the room.

- **24-Hour Cancellation Policy**: Implement a stricter policy for last-minute cancellations or no-shows, charging a penalty or fee for guests who cancel within 24 hours of check-in.

**II. Refund Percentages**

Develop a refund schedule that reflects the time of cancellation:

- **Full Refund**: Offer a full refund for cancellations made before the 48-hour window.

- **Partial Refund**: Provide a partial refund (e.g., 50% or 75%) for cancellations made within the 48-hour window.

- **No Refund**: Charge a cancellation fee or penalty for last-minute cancellations or no-shows, with no refund offered.

**III. Special Conditions**

Consider adding the following special conditions to your cancellation policy:

- **Group Reservations**: Establish a policy according to seasonal demand, offering more lenient policies during peak periods.

**IV. Communicate Your Policy**

Clearly communicate your cancellation policy to guests through:

- **Website**: Display your policy regulations.

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