Cancellation Policy In case of cancellation or modification of the reservation, it must be made at least 24 hours prior to the passenger's arrival, otherwise, the charge for NO SHOW will be generated (this charge will be equivalent to one night's accommodation). Payment Policies Advance payment of 50% of the reservation. Taxation VAT tax will be paid directly at the hotel (only for Colombian residents). In accordance with Article 481 of the Tax Statute, tourist services provided within Colombian territory to RESIDENTS ABROAD, whether foreign tourists or Colombians residing outside the country, who prove their status, remain exempt from VAT.