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Journal of Applied Sciences
  Year: 2013 | Volume: 13 | Issue: 15 | Page No.: 2994-2997
DOI: 10.3923/jas.2013.2994.2997
Study on the Model of Hotel Rooms Overbooking
Liu Hong, Ji Yan and Liu Panpan

Abstract:
With an increasing of hotel rooms spoiling caused by a variety of reasons, implementation of hotel rooms overbooking has become an inevitable option, the overbooking would also lead to many conflicts. This paper established the expected revenue model of overbooking by the distribution of customer arrival rate, got the optimal quantity of overbooking, found an equilibrium point that can not only make full use of rooms and reduce the loss of room rental which makes the expected revenue the biggest. This study simplified the model according to the actual situation of the hotel, carried on the case analysis at last. The method is convenient and feasible and has some reference significance for the implementation and management of the hotel overbooking.
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How to cite this article:

Liu Hong, Ji Yan and Liu Panpan , 2013. Study on the Model of Hotel Rooms Overbooking. Journal of Applied Sciences, 13: 2994-2997.

DOI: 10.3923/jas.2013.2994.2997

URL: https://scialert.net/abstract/?doi=jas.2013.2994.2997

 
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