Overselling

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.

Source: Wikipedia — Overselling (CC BY-SA 4.0)

Overselling

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.

Source: Wikipedia "Overselling" · CC BY-SA 4.0

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