The visitor that got bumped probably got a discount if he comes back in a week or two, or something.
My observation is that many hotels aren't so kind about this sort of thing. I was once on the receiving end (sort of) of a similar situation, in Juneau, AK. It's a small city with a short tourism window, so it tends to be packed in the summer. Some rich piece of shit called up one of the major hotels and asked for half of it so he could throw a party. Patrons were booted, regardless of reservations. I wasn't in that hotel, so I wasn't directly booted, but it affected the entire city, because it was impossible to get a hotel due to all the displaced people. My girlfriend and I ended up staying in a "historic" ex-brothel hotel in a room right over a nightclub.
I take "schedules were juggled" to indicate that other patrons were bumped, which would make MA a world-class shithead.