guaranteed booking

Is a reservation that the accommodation provider formally commits to honor, typically secured by a prepayment, deposit, or valid credit card, ensuring that a room will be held for the guest even in cases of late arrival. Within the hospitality and accommodation sector, this concept represents a mutual assurance: the property guarantees availability under agreed…

stop sale

In hotel and lodging management, this is an operational restriction placed on the sale of rooms or specific rate types for given dates, channels, or markets. It is a deliberate decision by revenue or reservations teams to temporarily halt new bookings when demand, occupancy, or strategic considerations dictate that availability must be controlled. Rather than…