Hotel Room Booking for ASSA Meeting Interviews

Back at LSE, I immediately try to book a hotel room in Chicago online (the AEA website offers such an online booking system). Job market guides such as Cawley (2004, p.17) recommend booking a room in the headquarters hotel, in an all-suite interview hotel (where most interviews take place), or in hotels near these two. I don't really know why, but just follow the advice.

The updated version of Cawley (2004) (Cawley 2006, p.17) changes its advice. Now the author recommends NOT reserving a room in an all-suite interview hotel for the sake of social welfare.

Unfortunately, I'm already too late to book such hotels. I make a reservation at a hotel which is far away from the headquarters hotel and the all-suite interview hotel. But I learn that I can cancel a hotel reservation until early December without any charge. So I put myself waitlisted at a hotel near both the two hotels.

My strategy is this: those candidates who are sure to go on the job market should have booked either of the two main hotels because they are the first to book. They won't cancel their booking. Those candidates who are not that sure if they go on the market are likely to have booked one near the two main hotels because they are slightly late to book a room and learn that the two main hotels are already fully booked. So the chances that you get a room after waitlisted is higher for these "nearby" hotels.