What is the purpose of a "waitlist" in Cvent?

The purpose of a waitlist in Cvent is primarily to manage additional interest in fully booked events or sessions. When an event reaches its maximum capacity, a waitlist allows organizations to capture the names of interested attendees. This mechanism ensures that if any registered participants cancel their attendance, the first individuals on the waitlist can be promptly informed and offered the opportunity to register. This is particularly beneficial for events that are highly sought after, as it helps maximize attendance and ensures a smooth experience for both the organizers and participants. By effectively utilizing a waitlist, organizers can gauge demand and potentially adjust planning based on the number of interested individuals.