What you'll find inside the guide:
How to assess risk
Before choosing overbooking as a technique to maximize your bookings, you need to know and carefully evaluate not only its advantages, but also all the disadvantages. Here you will find a comprehensive list of the most common potential risks associated with overbooking.
How to create a strategy
To overbook safely, you need to have a well-thought-out method based not only on experience, but more importantly on historical data and predictive skills. In this guide you will discover the 4 steps to follow to incorporate overbooking into your revenue management strategy.
Each accommodation must manage overbooking according to its own characteristics. However, there are some universal tricks that are useful for minimizing risk, both when overbooking is unintentional and when it is part of a planned strategy.