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I'm assuming that this question was intended for the conference call, but the solution is simple, so I'll provide it here.
Enable the purge agent. It will delete all reservations that are 2 days past their reservation date. The interval can be modified if you'd like reservations that are passed their date to stay in the RRDB for more than 2 days.
Feedback response number WEBB8F9PE6 created by ~Andy Desfreechekakol on 03/24/2011