depends what reservation program you use but it is popular to do a discount here for pre paid and it helps with cash flow.
How does that work? Is the discounted pre-paid reservation non-refundable?[email protected] said:depends what reservation program you use but it is popular to do a discount here for pre paid and it helps with cash flow
Yup it is non refundable and you make that clear on the reservation terms and conditions but you could make it transferable or non transferable as another option. I would go for non transferable as you can guarantee that they will want to transfer to a busy weekend when you could get twice the price. Where I used to work we did it a lot and the only people who take it up are people who are absolutely sure they are comming ie for an event so I think out of about 100 reservations we had about 2 cancel which I don't think is bad plus in that case you get to resell the room.depends what reservation program you use but it is popular to do a discount here for pre paid and it helps with cash flow.How does that work? Is the discounted pre-paid reservation non-refundable?[email protected] said:depends what reservation program you use but it is popular to do a discount here for pre paid and it helps with cash flow
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