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overbooking
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The answer OVERBOOKING has 2 possible clue(s) in existing crosswords.
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The word OVERBOOKING is VALID in some board games. Check OVERBOOKING in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of overbooking in various dictionaries:
verb - to issue reservations in excess of the space available
OVERBOOKING - Overselling or o verb ooking is sale of a volatile good or service in excess of actual supply. Overselling is a common practice in the travel and hospi...
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Keep reading for additional results and analysis below.
Possible Crossword Clues |
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selling too many tickets |
Last Seen in these Crosswords & Puzzles |
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Feb 10 2017 7 Little Words Daily Puzzle |
Feb 10 2017 7 Little Words Daily Puzzle |
Possible Jeopardy Clues |
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The acceptance of reservations in excess of the number that can be accommodated |
This standard airline practice can lead to bumping ticketed passengers from flights |
Possible Dictionary Clues |
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Present participle of overbook. |
An instance of selling or guaranteeing more seats than are available. |
Overbooking might refer to |
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Overselling or overbooking is sale of a volatile good or service in excess of actual supply. Overselling is a common practice in the travel and hospitality sectors, in which it is expected that some people will cancel. The practice occurs as an intentional business strategy where sellers expect that some buyers will not consume all of the resources they are entitled to, or that some buyers will cancel. The practice of overselling aims to ensure that 100% of available supply will be used resulting in the maximum return on investment. However, if most customers do wish to purchase or use the sold commodity, it may leave some customers lacking a service they expected to receive. * Overbooking is regulated (though rarely prohibited) in many countries and industries, and companies that do practice it are often required or forced by market competition to offer large amounts of compensation to customers as an incentive for them to not take up their purchase. * An alternative to overbooking is discouraging consumers from buying services they do not actually intend to use. This can be done by making reservations non-refundable, a common practice among low-cost carriers and railways, or requiring customers wishing to cancel their right to a service to pay a termination fee. |