Accepting more reservations than can be accommodated is referred to as?
A) Overbooking
B) Capacity underutilization
C) Differential pricing
D) Disruptive pricing

Question

Quizplus · Accepted Answer

Overbooking refers to the practice of accepting more reservations than there are available seats or rooms in the hope of minimizing the number of empty seats or rooms due to no-shows or cancellations. This strategy is commonly used by airlines and hotels to maximize their revenue.

Accepting More Reservations Than Can Be Accommodated Is Referred to As