ANL305:Association and Clustering Question 1 A research study reported that one in five hotel bookings are canceled before the guest arrives at the hotel. A last-minute cancellation or no-show means the room would be left unoccupied, which results in a loss of revenue for the day. Even if the hotel manages to sell the room again, it would probably be at a much lower rate because it is too near to the check-in date. For a hotel, a high can
ANL305:Association and Clustering Question 1 A research study reported that one in five hotel bookings are canceled before the guest arrives at the hotel. A last-minute cancellation or no-show means the room would be left unoccupied, which results in a loss of revenue for the day. Even if the hotel manages to sell the room … Read more