Overbooking - Lighthouse Revenue Management Term of the week
Автор: Lighthouse
Загружено: 2024-12-17
Просмотров: 193
Описание:
00:00 - 00:10 - Intro
00:11 - 00:47 - Overbooking Definition
00:48 - 01:39 - Analysis involving overbooking in Lighthouse BI
In the Lighthouse Revenue Management Term of the week series, we'll pick a new key term, and learn more about what the term means, and how revenue managers use the term in real-life.
In this video we'll learn more about the key term Overbooking and how it relates to Hotel Revenue Management.
Overbooking is the practice of confirming reservations beyond the capacity of a hotel. A deliberate tactic that guards against expectations of cancellations or no-shows, it can also be the result of an error if you’re not using the right systems.
To see more key hotel revenue management terms, check out our glossary!
https://www.mylighthouse.com/resource...
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