Relationship Between Convention Centers and Housing Commitment Management Discussion

Here is the discussion requirement and the document is all questions. I will post it

Discussion: Convention centers are typically located near several hotels. Often, the convention center management will bid on a convention which requires rooms in many of the hotels. The convention center management willsend out a request for the hotels located near the convention center tocommit to housing a certain number of rooms related to convention.

Some hotels adopt a strategy of NOT participating in these housing commitments – in other words, they tell the convention center management that they won’t accommodate any convention attendees. Do you think this strategy is wise or not, and why?