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Keywords: Marginal costs
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Journal Articles
Optimal overbooking decision for hotel rooms revenue management
Available to Purchase
Journal of Hospitality and Tourism Technology (2014) 5 (3): 261–277.
Published: 14 October 2014
... to make a reliable decision. This paper presents a method that can help hotel manager make this decision in practice. Originality/value – This paper is one of the first articles in the hotel industry that considers the marginal cost for each room unsold caused by no shows and the marginal cost...
