All reservations, including corporate, institutional, and long-term agreements, are governed by the following terms and conditions:
1. Standard Reservations
-
Free cancellation is allowed up to 21 days prior to the scheduled check-in.
-
Cancellations made 21–8 days prior to check-in incur 75% of the total booking value.
-
Cancellations within 7 days of check-in, same-day cancellations, early departures, or no-shows incur 100% of the booking amount and are non-refundable.
2. Corporate & Institutional Contracts
-
Monthly, medium-term, and long-term bookings under corporate agreements constitute a firm contractual commitment.
-
Any cancellation or early termination will result in forfeiture of the first month’s rent and any security deposit.
-
Changes to reservation dates must be approved in writing, are subject to availability, and any rate adjustments must be settled immediately.
-
Promotional, negotiated, or discounted corporate rates are strictly non-refundable unless expressly stated in the contract.
3. Amendments & Rescheduling
-
Requests for date changes must be submitted in writing.
-
Approval is at management discretion, based on availability and prevailing rates.
-
Rate differences, if applicable, are payable immediately.
4. Refunds
-
Where refunds are applicable, they are processed within 14 working days, net of bank fees and administrative costs.
5. Communication & Enforcement
-
All cancellation, amendment, or refund requests must be submitted via email and are only valid upon written confirmation from management.
-
The Lofts Serviced Apartments reserves the right to enforce these terms without exception.