Phumchusri, Naragain; Maneesophon, Panaratch - In: Journal of Hospitality and Tourism Technology 5 (2014) 3, pp. 261-277
Purpose – This paper aims to develop overbooking models to determine the optimal number of overbooking for hotels having one and two different types of rooms. Design/methodology/approach – This paper presents mathematical modeling to find the optimal solutions of overbooking for stochastic...