What is the 200 euro reservation fee used for when booking transportation or accommodation?
The DEVETOPER platform collects a down payment to ensure certainty of booking for the customer and to safeguard the interests of the property owner. Here are some of the main reasons why a down payment is charged:
- Booking Confirmation: The collection of a down payment confirms that the customer is seriously interested in booking a property and is ready to make a binding reservation.
- Securing the owner’s interests: Collecting a down payment gives the property owner the assurance that the property will be reserved for a specific date, which can be important in cases of limited property availability or during periods of high demand.
- Reducing the risk of no-shows: Collecting an advance payment can reduce the risk of no-shows, which is when a customer makes a reservation but doesn’t show up. With an advance payment, the customer makes a financial commitment and is more likely to honor the booking deadline.
- Covering administrative costs: The DEVETOPER platform collects an advance payment to cover administrative costs related to reservation processing, customer service and any cancellation or change fees.
Collecting a down payment is therefore a way to secure the reservation, both for the customer and the property owner, and can help improve the efficiency of the booking process. It is advisable to carefully read the terms and conditions of the reservation before making a booking.