In this paper, we investigate the performance of Fast Reservation Protocols (FRP) for burst-level bandwidth allocation in ATM networks. FRP schemes can be classified into delayed transmission (DT) and immediate transmission (IT) methods according to reservation procedure. Moreover, according to the responsibility for negative acknowledgment (NAK) cell generations when burst blocking occurs, FRP schemes can be further classified into blocking node NAK (BNAK) and destination node NAK (DNAK) schemes. We analize the FRP schemes with different reservation and NAK methods for single node and multihop network models, respectively. We then discuss the dependence of performance for each FRP scheme on propagation delay, peak rate, and the number of hops.