Calculate your ratios, decide how much risk you want to take, build a good SOP for the team and with that you can make sure to not leave money on the table
How to make the most of your overbooking strategy and start earning on free upgrades
With the right plan in place, overbooking can be an effective strategy for hotel total revenue. It allows hotels to increase the number of bookings, generate additional revenue, and even improve guests’ overall experience.
Overbooking: the good, the bad, and the ugly
Overbooking hotel rooms is risky, but modern technologies can help eliminate the risks of such unwelcome blunders (if they are blunders).