Reservation Management is the process of overseeing and organizing bookings for services such as hotels, restaurants, and travel. It involves tracking available resources, managing customer requests, and ensuring that all reservations are accurately recorded. This helps businesses optimize their operations and enhance customer satisfaction. Effective Reservation Management systems often use software tools to automate tasks, reduce errors, and provide real-time updates. These systems can handle various aspects, including cancellations, modifications, and confirmations, making it easier for both customers and service providers to manage their bookings efficiently.