Space Hold and Option-Date Management
Governs how tentative holds on rooms and function space are placed, prioritized, extended, and released so inventory is never frozen by inactive prospects.
Why This Matters
A tentative hold is a loan of the hotel's most perishable asset, and unmanaged holds quietly reject real business for phantom business. Second-option protocols and firm release dates keep the pipeline honest. The discipline also creates natural, non-manipulative urgency for genuine buyers.
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