It's the peak of tourist season, and every room in your hotel is booked solid. You're anticipating a significant boost in revenue, but at the last minute, a large group cancels their reservation. Suddenly, those expected profits vanish, leaving you scrambling to fill empty rooms. This scenario underscores the critical importance of having a robust [...]The post Hotel Cancellation Policy: A Guide For Hoteliers appeared first on PriceLabs .
Pricelabs is an Illinois-based SaaS platform that solutions including revenue management and travel analytics for sectors such as aviation and E-commerce.