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