Originally Posted by
tobsw
Nope, EC261 guarantees a refund OR re-routeing (See below). However, that doesn´t mean they have to book you on a different carrier or on the same day or on a flight you want to. The regulation is very vague.
If you are not rebooked for a flight on the same day, then IB has to provide a hotels and meals until the flight departs. If you insist on claiming these benefits (even if you are stuck in your hometown), IB has good reasons to rebook you sooner rather than later as hotel costs will be piling up.