glossary: U

Unqualified Rates are a kind of rates available by the hotel to guests who do not have an agreed and or contracted rate and that have no booking restrictions or conditions attached.

Unconstrained demand refers to the number of rooms that could be sold if there were no constraints such as the hotel’s capacity or restrictions on bookings. Unconstrained demand provides a complete picture of all the possible demand, not just the limited demand you accept. Also known as “true demand.” unconstrained demand will help you calculate … Continued