Glossary /
Cancellation policy tier
Written by Peko Research Team.Last updated: 05/18/2026.
A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality. Combined with deposits, eliminates the worst 5% of no-show offenders.
Published: 05/18/2026
Updated May 2026 — A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality. Combined with deposits, eliminates the worst 5% of no-show offenders. A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality.
Quick facts
- Definition
- A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality. Combined with deposits, eliminates the worst 5% of no-show offenders.
- Why it matters
- A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality. Combined with deposits, eliminates the worst 5% of no-show offenders.
- Related terms
- Deposit on booking
A graduated set of rules (free >24h, partial 24–2h, full <2h) that aligns guest behaviour with operational reality. Combined with deposits, eliminates the worst 5% of no-show offenders.
In the Vietnamese market, this concept interacts tightly with Zalo OA reach, VND cash/QR payment mix, and the district-cluster dynamics of competing venues. Applied properly it can move 5–15 points of 90-day cohort retention.
PEKO operationalises this concept as part of the loyalty layer that runs alongside the venue's existing booking system (Booksy, Fresha, Mindbody, KiotViet, or paper) rather than replacing it.
Numbers on this page: named sources are listed below; figures without a named source are PEKO merchant data, Vietnam, Jan 2024 – Jun 2026, or PEKO estimates where modelled. See the datasets behind these numbers.
FAQ
Which Vietnamese verticals does cancellation policy tier apply to?
Best fit for barbershops, nail bars, hair salons, spas and beauty salons — verticals where rebook discipline and the guest-stylist relationship drive most of the revenue.
How long does implementation take?
With PEKO, a small venue typically goes live in 3–5 days: contact import, Zalo OA connect, basic reminder cascade switched on, then tuning over the first 2–3 weeks.
Do I need to replace my current booking system?
No. PEKO is positioned as a loyalty layer on top of existing booking systems — Booksy, Fresha, Mindbody, KiotViet or paper diaries all stay; PEKO adds retention on top.
Related terms
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Term
No-show rate
Share of booked appointments where the guest fails to arrive without cancelling. A 12%+ no-show rate is the dominant drag on service-venue revenue and is usually fixed with deposit-on-booking + 24h + 2h reminders.
Term
Add-on conversion
Share of bookings that accept a prompted add-on (scalp massage, paraffin, hot-towel). A scripted add-on prompt at check-in converts at 25–40% in trained salons — pure margin.
Answer
Advocado vs PEKO — the quick answer?
Advocado is the PSG-subsidised, Singapore-headquartered incumbent; PEKO is the AI-first, free-to-300-members challenger — pick Advocado for the grant, PEKO for AI churn prediction and messaging that runs itself.