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tradition-hotels.com
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Definitions (122)
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closed to arrival
A room inventory control function that prevents reservations from arriving on that date. Reservations can stay through the date.
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preferred placement
Providing enhanced visibility for hotels on travel agent terminals through the GDS.
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fair market share
A hotels individual percentage of the market they should reasonably expect to capture all things being equal based upon their competitive set. Calculated by dividing the number of rooms at the hotel by the total number of rooms in the competitive set (inclusive of the subject hotel).
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gds new entrants
Newly introduced lower cost, more user friendly travel agent inventory distribution systems.
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inventory
The rooms available that the hotel has to distribute/sell across all channels.
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inventory
The number of ad impressions available for sale on a Website. Ad inventory is determined by the number of ads on a page, the number of pages containing ad space and the number of page requests.
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last room availability
Usually used in conjunction with negotiated or consortia rates. It allows agents to book the last room a hotel has available at the contracted rate.
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xml
Extensible Markup Language; commonly used as the language to exchange information between different computer systems.
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amadeus instant preference
Amadeus Instant Preference offers preferred placement to hotel clients.
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accents
Worldspan Accents delivers your message to Worldspan travel agents during the shopping and booking process.
Meaning awaits approval from a moderator |
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