In Google Workspace, rooms are resources with calendars that can be configured to auto accept any invitation unless they’ve already booked. So it’s basically first come first serve. Even if two people are literally trying to book the room, at the same time, simultaneously, one request will go through first and will be accepted and the second will be declined. I imagine outlook is similar.

In other words, Google sacrifices availability/latency here - they don't accept the request until they can be sure it's still available.