Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Marriott Eatons Centre Hotel in Toronto is in the practice of confirming more reservations than actual inventory will permit. The Revenue Manager, Peter Clark
The Marriott Eatons Centre Hotel in Toronto is in the practice of confirming more reservations than actual inventory will permit. The Revenue Manager, Peter Clark uses historic no-show information to determine what percentage they can overcommit rooms. This practice is intended to enable 100 percent occupancy for the hotel (Also known as a "Perfect Fill"). What is the term used to describe this practice? Question 13 options: Overbooking Gambling No-Show Forecasting Walking
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started