The difference between the final occupancy of a hotel at the end of a particular day and the maximum occupancy based on the business on the books from the start of the day. The revenue wash is contributed by those guests who do not show up for the booked reservations, last minute cancellations, group wash, … Continued
A wholesaler or a merchant global distribution system (GDS), or bed banks in the travel industry is a middleman between a travel supplier (hotel) and an OTA/travel agent. It sources the hotel room nights in bulk, packages them, negotiates rates, and then sells them to OTAs and travel agents meaning purchases individual travel components at … Continued
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