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Scenario for Managing Hospitality Revenue

This topic gives one example of how the Hospitality revenue functionality might be used. You might use the Hospitality revenue functionality differently, depending on your business model.

A customer is interested in a particular property for an event. However, the profit variance is negative for the property quote, and the sales representative must send it to the property revenue managers for review.

The sales representative completes the revenue management evaluation form, adds comments to the quote, and submits the quote to the revenue manager. The revenue manager at the property reviews the evaluation, the quote summary, and the comments, and approves the quote with some conditions.