Dynamic Overbooking Limits for Guaranteed and Nonguaranteed Hotel Reservations
Year: 2008
Type: preprint
Abstract: The research note addresses the problem of dynamic overbooking limits in the context of guaranteed and nonguaranteed bookings. The note shows how the optimal number of overbookings will change when the hotel receives a request for a specific date given the current guaranteed/nonguaranteed reservations ratio for the same date.
Source: SSRN Electronic Journal
Author: Stanislav Ivanov
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1599745273