Hacker News new | ask | show | jobs
by Brusco_RF 1093 days ago
Right but if you charge a fee to cancel then you've just made the no-show problem worse. Who would voluntarily pay fee when you can just do... nothing?
1 comments

That's only true if the fee is greater than the paid cost, but the fee is only 40%. That means people still get back 60% of their money.

To put it another way, they could pay a $40 fee or lose $100 by doing nothing. Most people would rather pay the fee and get their $60 back.