What is Cendyn Grouprev?
Cendyn's Grouprev is a a demand-based group pricing and forecasting tool used to maximize the value of each group and event spaces. It presents sales managers with a floor, optimal and ceiling bid rate, so they can quote a rate that is based on the expected total revenue and winning probability at the micro-segment level. Its meeting space management functionality includes a Free Sell Calendar that includes the ability to set open and closed rules, support catering operations, and pursue a desired booking target. Hotels can lso define their ancillary categories and corresponding profit margins.