MYKONOS PALACE HOTEL IS LOCATED ON THE BEAUTIFUL BEACH OF PLATIS YALOS. JUST OPEN YOUR DOOR, STEP OUTSIDE AND YOU WILL SEE THE SPARKLING MEDITERRANEAN SEA. GUESTS MUST CANCEL AT LEAST SEVEN DAYS PRIOR TO ARRIVAL TO AVOID PENALTY FEE. IN ADDITION GUESTS WILL PAY 50 PERCENT FOR ANY UNUSED DAYS ON EARLY DEPARTURE. DEPOSIT RULES - ALL RESERVATIONS REQUIRE A 30 PCT DEPOSIT OF TOTAL STAY OR ONE NIGHTS STAY WHICHEVER IS GREATER. MUST PROVIDE A VALID CREDIT CARD AT TIME OF BOOKING. CREDIT CARD WILL AUTOMATICALLY BE DEBITED AT TIME OF BOOKING BY MYKONOS PALACE.