How long does it take for the cancellation forecast to recognize changes made to the hotel's cancellation policy?

The cancellation forecast typically recognizes changes made to the hotel's cancellation policy within a timeframe of 5-7 weeks. This duration reflects the necessary period for the system to properly integrate and adjust to new policies, ensuring that the data it generates is accurate and reliable. Adjustments to policies may involve reevaluating existing bookings, recalibrating demand forecasts, and updating the overall cancellation trends, which can take some time to fully process and reflect in the forecasting models used. It's important to consider that such changes might not be immediate due to the need for comprehensive data analysis and adjustments in relation to customer behavior and market conditions. Therefore, while shorter timeframes could imply faster integration, they might not provide sufficient time for a thorough assessment and accurate forecasting.