What is the meaning / definition of in the ?

In the industry, allocation describes the process of selecting a number of rooms and making them available for sale. A hotel manager may choose to allocate only a limited amount rooms towards sales in order to have them available for sale when expecting higher revenues at a later period.

This term is often used in reference to (Allocation or Allotment contract)

See also:

Synonyms:

  • Allocation

Categories:

Comments are closed