Underbooked

What is the meaning / definition of Underbooked in the hospitality industry? Underbooking is a situation that happens when a hotel has failed to sell the number of rooms that reaches their satisfactory booking standards. Some hoteliers try to reduce double-bookings by allocating separate inventory for each distribution channel. While this [...]

Unconstrained Demand

What is the meaning / definition of Unconstrained Demand in the hospitality industry? Unconstrained demand refers to the quantity of rooms in a hotel that could be sold if there were no constraints, no limits. When considering unconstrained demand, a hotel manager or revenue management team must ask themselves: โ€œIf there [...]

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