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hotel-terms

Hotel Wholesaler 1
Hotel Wholesaler

What is a hotel wholesaler? This is a third party organization that sells your hotel's room nights. There are many terms for this such as third party sales sites, distribution...

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Hotel Stop Sell 2
Hotel Stop Sell

What does hotel stop sell mean? This is the act of stopping the sales of your hotel's room nights on your distribution channels. A stop sell (aka closeout) prevents your...

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Hotel Rate Parity 3
Hotel Rate Parity

What does hotel rate parity mean? You achieve rate parity for your hotel when the same rate structure exists across all of your hotel's distribution channels. This is important for...

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PMS - Property Management System 4
PMS – Property Management System

What does a hotel PMS or Property Management System mean? This is the software that is used to manage all operations of a hotel on site.

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Hotel Sell Rate 5
Hotel Sell Rate

What does hotel sell rate mean? When your hotel's room nights are sold via one of your distribution channels, the amount the guest has to pay for your hotel's room...

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Hotel Net Rate 6
Hotel Net Rate

What does hotel net rate mean? The net rate is the amount the hotel collects from an OTA when a room night is sold on the OTAs website. So if...

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Max Nights, Max LOS, Maximum Length of Stay 7
Max Nights, Max LOS, Maximum Length of Stay

What does hotel max nights (aka max los, or maximum length of stay) mean? A maximum length of stay is a booking restriction that only shows the stay as bookable...

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Min Nights, MLOS, Minimum Length of Stay 8
Min Nights, MLOS, Minimum Length of Stay

What does hotel min nights (aka MLOS, or minimum length of stay) mean? A minimum length of stay restriction only shows the stay as bookable if the stay is equal...

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Hotel Markup & Margin 9
Hotel Markup & Margin

What does hotel margin or hotel markup mean? Hotel markup and margin are terms used to calculate how much a sales website collects as their fee from booking one of...

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GDS - Global Distribution System 10
GDS – Global Distribution System

What is a GDS or Global Distribution System? A GDS, or Global Distribution System, is a company that provides computer hardware and software to travel agencies for airplane, hotel, and...

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