What are some additional factors need to be considered

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Problem: Revenue managers often deal with reservation requests from various types of guests. Revenue managers may use a three-step approach to aid their decision-making of whether to accept a reservation. Describe a hypothetical scenario when a revenue manager receives a group reservation request, and explain how to use the three-step approach to calculate the benefit of this potential reservation. What are some additional factors need to be considered when making the final decision whether to accept this reservation request?

Reference no: EM133654227

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