Overbooking
Overbooking- Overbooking is a common practice in the airline and hotel industries, as well as in other areas such as events and restaurants. It involves selling more reservations or tickets…
UNIT IV
Forecasting
Forecasting- Forecasting refers to the process of making predictions or estimates about future events based on historical data and analysis. It is widely used in various fields, including business, economics,…
Amendment & Cancellation
Amendment & Cancellation- Amendments and cancellations can apply to various contexts, such as legal documents, contracts, travel reservations, financial transactions, and more. Here are some common types of amendments and…
Reservation confirmation
Reservation confirmation- Reservation confirmations can come in various forms depending on the service or industry. Here are some common types: Hotel Reservation Confirmation: Typically includes the reservation details, such as…
Central reservations system
Central reservations system- A Central Reservations System (CRS) is a computerized system that facilitates the process of managing and booking reservations for a variety of services. While the term can…
Group reservation
Group reservation- If you're looking to make a group reservation, it would be helpful to provide more details about the type of reservation you're interested in. Group reservations can apply…
Guaranteed and Non Guaranteed reservation
Guaranteed and Non Guaranteed reservation- Guaranteed and non-guaranteed reservations are terms commonly used in the hospitality industry, particularly in hotels. These terms refer to different types of reservations and the…
Types of reservation
Types of reservation- There are several types of reservations, each tailored to specific industries and purposes. Here are some common types of reservations: Hotel Reservations: Room Reservations: Booking a room…
Modes of reservation
Modes of reservation- Reservation can refer to various contexts, and there are different modes of reservation depending on the specific area or industry. Here are a few common modes of…