Today's Revenue Management thought:-

How stringent are your cancellation policies for the upcoming summer season ?

Cancellation policies should strike a balance between protecting our revenues and providing flexibility for guests.

While it is important for us to safeguard our business interests, overly stringent cancellation policies can negatively impact customer satisfaction and deter potential bookings.

By finding the right balance between protecting your business and accommodating guest needs, you can establish fair and reasonable cancellation policies that enhance customer satisfaction and promote positive guest experiences.

Have a profitable week.

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