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March 10, 2010, 06:31:29 PM

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Author Topic: Payment Terms - B & B vs Self Catering  (Read 59 times)

mandarin

  • SAPAS Member
  • Posts: 127
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Payment Terms - B & B vs Self Catering
« on: December 27, 2009, 10:16:06 AM »
I've been looking at the different ways a B&B takes payment vs Self Catering.

As a rule, SC asks for a substantial deposit, plus full payment well in advance of the booked holiday. Many seem to ask for a security deposit as well.

As a B&B we usually take the first night as a deposit at time of booking but then provide a full service with people making payment at the end of their stay.

If guests cancel the SC booking the owner has been paid already.

When guests cancel a B&B booking, usually at the last minute they create one hell of a fuss when told they have to pay the entire amount and if you do not have card details you are unlikely to get a single penny.

If you go abroad for a holiday you have to pay at least 6 weeks in advance as well.

It does seem that B&B operators offer terms far less strict than other sectors and leave themselves open to non arrivals without payment.

Has the time come for B&B owners to take a stricter approach to taking payment in advance like all other sectors?

This is something I like to hear others views on.

Thoughts?


Mike

 

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