What is the meaning / definition of Booking in the hospitality industry?
Booking is an act of reserving an accommodation, a table, a seat, a flight, a trip etc. in advance.
A booking can have different conditions like: payments upon arrival, cash payment, non-refundable, etc. Mostly used for services provided in the travel and hospitality industry.
See also:
- OTA
- GDS
- CRS
- CRO
Synonyms
- Booking
- Reservation
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