Construct · 1 fields · 1 citations

hotel overbooking: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
hoteloverbooking1 CONSTRUCTHotel overbookingROTHSTEIN · HOSPITALITY

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Hospitality management

accepting more reservations than rooms to offset no-shows and cancellations, set by weighing empty rooms against turned-away guests.

In hospitality management, hotel overbooking refers to accepting more reservations than rooms to offset no-shows and cancellations, set by weighing empty rooms against turned-away guests. This meaning comes from Rothstein (1974) in Decision Sciences.[1]

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Nearby constructs

offset3 fields · 5 citationsjingle · one word, three constructs

References

  1. Rothstein, M. (1974). Hotel Overbooking as a Markovian Sequential Decision Process. Decision Sciences, 5(3), 389-404. https://doi.org/10.1111/j.1540-5915.1974.tb00624.x

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