A Flexible Payment Scheme in Hotel Business
This paper introduces a flexible payment scheme in the hotel business. When a customer makes a reservation for a hotel room, the hotel offers an optional payment scheme (Scheme O). If the customer chooses the Scheme O, he/she makes a non-refundable down payment immediately. Meanwhile, the hotel offe...
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| Main Author: | |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2010
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/etd_coll/64 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1063&context=etd_coll |
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| Institution: | Singapore Management University |
| Language: | English |