Overbooking is a technique in revenue management which offers products or services more
than the amount available because there is a possibility that some purchasers may later …

Overbooking is a technique which sells goods or services in excess of the available capacity
because there is a possibility that some customers might not show up. In air cargo …

Overbooking is a revenue management technique which offers products more than the
amount that is available because there is a chance that some purchasers may withdraw their …

In this paper, we consider the application of revenue management techniques in the context
of the car rental industry. In particular, the paper presents a dynamic programming …

Pricing and capacity decisions in car rental companies are characterized by high flexibility
and interdependence. When planning a selling season, tackling these two types of …

In this paper, a novel data-driven overbooking model is developed. Unlike traditional models
in this area, our new model first applies some machine learning techniques to classify the …

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 …

In car renting, customer demands rental time are subject to random variation. Thus, it is
difficult to model and optimize such a process. The car renting is treated as a real time …

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 …

This paper presents a static overbooking model for a single-leg multi-fare class flight. A
realistic distribution of no-show data in modeling the cost function was considered using …