As a part of a hotel’s revenue management strategy, overbooking has its pros and cons. While overbooking in the perspectives of a hotel industry aid in maximizing occupancy and revenue, it can also ne...
-Updated on 20th July 2022- Overbooking is a situation where your total room available reserve is less than the number of the room that had been booked for sales in the same period. In other words, yo...