Glossary
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Average room rate achieved or paid per occupied room night; used as a hotel pricing and benchmarking metric.
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Additional charge beyond base fare or room rate, such as breakfast, parking, resort fees or other hotel add-ons.
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Combination of business and leisure travel, often requiring policy clarity around reimbursable and personal costs.
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Rules defining when a hotel booking can be cancelled and what penalties or fees apply.
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Identifier used in GDS and hotel distribution systems to represent a hotel chain or brand.
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Payment made by a hotel or supplier to a booking intermediary for generating a booking.
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Negotiated rate agreed between a company, TMC or sourcing partner and a hotel or chain.
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Preferential hotel rate negotiated for a company or corporate travel program.
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Hotel system used to manage availability, rates, reservations and distribution across channels.
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Rate that changes based on market pricing, often linked to a discount off best available rate.
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Digital hotel bill showing room, tax, F&B and ancillary charges at line-item level.
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Itemized hotel bill listing room, tax and incidental charges for a guest stay.
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Complete arrival-to-departure stay pattern for a traveler or group, used for availability and room planning.
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Share of trips with a hotel booking attached, often used to identify leakage or missed lodging spend.
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Hotel inventory, rates, images, descriptions, amenities, policy information and availability shown in booking channels.
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Company’s managed set of preferred hotels, negotiated rates, policy rules, reporting and supplier relationships.
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Request for proposal process used to solicit, compare and negotiate corporate hotel rates and terms.
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Additional hotel charges beyond room and tax, such as minibar, parking, laundry, meals or resort fees.
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Contract term giving a corporate customer access to the negotiated rate as long as the hotel has rooms available.
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Extended business stay, often defined by a minimum number of nights and managed differently from transient stays.
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Rate agreed through corporate sourcing, often including terms such as breakfast, cancellation or LRA.
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Rate excluding commission or markup, often used in wholesale, corporate or platform-based lodging models.
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Traveler fails to use a confirmed hotel reservation, often triggering fees or lost room utilization.
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Curated set of approved hotels and rates negotiated for corporate travelers.
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Checking whether negotiated hotel rates are correctly loaded, visible and bookable in relevant channels.
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Process of placing negotiated hotel rates into GDS, CRS, OBT or booking platforms.
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Hotel performance metric calculated from occupancy and ADR; useful context in hotel negotiations.
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One occupied hotel room for one night; core unit for lodging volume, savings and sourcing analysis.
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Fixed negotiated hotel rate valid for a defined period, regardless of market fluctuations.
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Guest with a confirmed reservation who is relocated to another hotel due to overbooking.