Guaranteed reservation guests arriving very late (say 2am or later) will still be provided a room, because their guarantee paid for it and it belongs to them all night long, no matter what the arrival time.

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A guaranteed reservation means the hotel promises to hold a room for the guest, regardless of their arrival time, because the guest has either prepaid or provided credit card details to secure the room.

Guaranteed Reservation Guests Arriving Very Late (Say 2am or Later)