CTD – Closed To Departure

What does CTD or Closed To Departure mean? When CTD aka “closed to departure” is set for a date, a guest can not book this date if their stay ends on this date. If their stay includes this date, but does not end on it – then it would be bookable when the customer is...
What Does a Hotel PMS or Property Management System Mean?

What Does a Hotel PMS or Property Management System Mean?

In this dynamic hospitality industry, hotel operating systems have become a critical tool to conduct daily operations with ease. Among these systems, hotel software is a core module that lines up everything from reservations to guest services. With the automation of...
What is a Hotel Wholesaler?

What is a Hotel Wholesaler?

Understanding the Role of a Hotel Wholesaler in the Hospitality Industry The hospitality industry is a vast, complex network of businesses, services, and professionals. Among these, the role of a hotel wholesaler is crucial yet often overlooked. In this blog post, we...
Hotel Allocation

Hotel Allocation

What does the term hotel allocation mean? A hotel’s allocation is the number of rooms a hotel has available to sell. Example: If a 100 room hotel has 25 rooms reserved for the 10th, this means they have an “allocation” of 75 rooms left to sell via...
Hotel Net Rate

Hotel Net Rate

What does hotel net rate mean? Understanding Hotel Net Rates Hotel net rates are essentially the rates offered to OTAs (Online Travel Agencies) or other booking channels excluding any commission. This rate is often negotiated between the hotel and the OTA, forming the...
Min Nights, MLOS, Minimum Length of Stay

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 to or greater than the minimum nights setting. If the 10th has an MLOS restriction of 3 nights, and the...