group booking

Refers to a reservation made on behalf of a coordinated party of travelers—typically above a minimum number of passengers or rooms—who are treated and priced as a single unit rather than as individual bookings. In the tourism supply chain, this concept sits at the heart of Travel Operations & Distribution, allowing airlines, hotels, cruise lines,…

group rate

Is a specially negotiated price offered to a predefined minimum number of travelers booking together as one unit, typically through a tour operator, travel agent, company, school, or organized association. Within tourism operations, this preferential pricing is agreed in advance between suppliers—such as hotels, cruise lines, attractions, and transport providers—and the intermediary or group organizer,…