(PRWEB) October 24, 2013
MLS Hotel has recently trademarked and patented a new program for hotels that guards against losses sustained due to no-shows. This revolutionary new program is able to guarantee any no show reservation or the hotel is compensated directly from MLS Hotel.
This program can also be utilized to support tickets for incidentals that are charged to the room and reversed by the consumer in addition to no show charges as well since consumers sign off and verbalize their commitment at the time of reservation.
Currently Visa estimates that over 100 million is lost on no shows and incidentals annually and this new product plans to reduce this cost by almost half over the next 5 years.
“This is a newly minted money machine that many hotels across the country have yet to take advantage of,” said Chase Harmer, of MLS Hotel. “Any hotelier who is losing money to no-shows should reach out to us and get on board with this revolutionary new product as soon as possible. It just makes good financial sense.”
For more information on MLS Hotel, and their wide variety of service offerings, be sure to visit http://www.mlshotel.com.