Originally Posted by
Kagehitokiri
cancelation deadline can be months in advance, especially over periods where probability of event is highest, and at small properties.
Cancelation deadline "month in advance"

, the economy over there must still be quite OK

. I would never book at such a property at such a destination.
The crisis must be at least good for something

.
Regarding the "small properties" these are in general respectable people who allow events only in case of the event taking the whole property.