A common practice whereby an airline, hotel, or other company accepts more reservations than it has seats or rooms available, on the presumption that a certain percentage of people will not show up. Airlines have a legal right to overbook, while hotels do not. A hotel must find a room for everyone who has a reservation and shows up on time. An airline may be required to offer compensation for people involuntarily bumped from a flight, depending on several factors, including how long they must wait for another flight.
Category: Business, LLCs & Corporations
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Overbooking — is a term used to describe the sale of access to a service which exceeds the capacity of the service. TelecommunicationsIn the telecommunications industry, overbooking such as in the frame relay world means that a telephone company has sold… …   Wikipedia

  • overbooking — (del inglés; pronunciamos overbuquin ) sustantivo masculino 1. Contratación o reserva de más plazas de las disponibles, que realizan las compañías aéreas o los hoteles, en espera de la confirmación de las mismas: En ese vuelo hay overbooking, así …   Diccionario Salamanca de la Lengua Española

  • overbooking — ‘Venta de plazas, especialmente de hotel y de avión, en número superior al disponible’. Es anglicismo evitable, que puede sustituirse por términos españoles como sobreventa o sobrecontratación: «Conseguir un asiento con tarifa económica es muy… …   Diccionario panhispánico de dudas

  • overbooking — |ouverbúquingue| s. m. Venda de bilhetes, em empresas de transporte, que ultrapassa os lugares disponíveis, geralmente para preencher eventuais desistências.   ‣ Etimologia: palavra inglesa …   Dicionário da Língua Portuguesa

  • overbooking — (Voz ingl.). m. Venta de plazas, especialmente de hotel y de avión, en número superior al disponible …   Diccionario de la lengua española

  • overbooking — overbook o‧ver‧book [ˌəʊvəˈbʊk ǁ ˌoʊvər ] verb [intransitive, transitive] TRAVEL to sell more tickets for a plane, hotel etc than there are places available: • The airline offers cash as compensation for passengers when flights are overbooked.… …   Financial and business terms

  • overbooking — (Voz inglesa.) ► sustantivo masculino COMERCIO Sobreventa de plazas o localidades: ■ el overbooking de plazas hoteleras duró toda la temporada. * * * overbooking (ingl.; pronunc. [oberbúquin]) m. Venta de reservas de plazas de hotel o de un medio …   Enciclopedia Universal

  • overbooking — {{#}}{{LM O28512}}{{〓}} {{[}}overbooking{{]}} {{■}}(ing.){{□}} {{《}}▍ s.m.{{》}} {{<}}1{{>}} Contratación de un número de plazas mayor de las disponibles, especialmente en hoteles y medios de transporte: • Algunos turistas con reserva en el hotel… …   Diccionario de uso del español actual con sinónimos y antónimos

  • overbooking — See overbook. * * * …   Universalium

  • overbooking — noun An instance of selling or guaranteeing more seats than are available …   Wiktionary

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