Excerpt from CNN Money
Marriott's cancellation policy just got a little stricter.
The world's largest hotel chain announced on Thursday that customers must give at least 48-hours notice if they plan to cancel a reservation - or cough up a fee equivalent to one night's stay.
Up until Thursday, guests were generally allowed to cancel reservations without a penalty up until the day before their visit.
"Guests will now be required to cancel their room reservation by midnight 48 hours prior to arrival in order to avoid a fee," Marriott International (MAR) said in a statement. The new policy applies to hotels in the United States, Canada, Caribbean and Latin America. Marriott added that the change will not apply to Design Hotels, which are independently owned, and Marriott Vacation Worldwide hotels.
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