Today's Revenue Management thought:-

Adapting Hotel Demand Forecasting in a Changing Landscape.

Strategies for Optimal Overbooking.

Determining the right overbooking ratios for your property involves analysing historical data, considering no-show factors, and forecasting demand accurately. 

Establishing clear Standard Operating Procedures (SOPs) for handling overbooked situations is essential. 

These SOPs should prioritise guest satisfaction while minimising financial losses.

Have a profitable week !

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