Hotel cancellation due to high winds.

Hi - I had a reservation at a hotel that we couldn’t make since the ferry was cancelled due to high winds. We’re working with bookingdotcom to get a refund and received the below message. I find the wording confusing though. The hotel was $504 (much more than we usually spend for a hotel but it is in Patagonia in the middle of no where, so we splurged). Is the below offering a refund or is it something different?




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