Cancellation policies protect a hotel’s bottom line by preventing last-minute cancellations and no-shows while encouraging client loyalty when booking
A no show hotel reservation is probably a Hotelier’s worst nightmare. Dealing with situations that directly affect your profit margins, is a major challenge
Let us delve into the challenges associated with managing hotel cancellations and explore effective strategies to minimize their impact
You suddenly find yourself with a slew of last-minute cancellations and bend over backwards trying, desperately, to sell those rooms
The risk of cancelled reservations is something inevitable for every hospitality property. NB: This is an article from yieldPlanet Some guests will always cancel the reservation for different reasons, but […]
Cancellation rates have risen rapidly so, what are the three most common trends impacting cancellation rates and how can you reduce them?
Improved attitudes towards all forms of accommodation seem likely in the future given the speed of recovery so far and strong underlying demand for travel