Originally Posted by MePlatPremier

Even if that were true (it might be for US properties; it certainly is not for other regions) chargebacks are time-consuming and cumbersome procedures to deal with, affect the merchant’s relationship with its acquirer bank and past a certain threshold will lead to increased fees and commissions on payments processing. Having to deal with a significant number of chargebacks is a heavy reputational hit for any merchant.

Even on prepaid rates, that were already charged and settled days or weeks before checkin, It is not uncommon for hotels to required the physical production of the credit card used for prepayment and to refund the original transaction and submit a new charge if a different card is presented at checkin.