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Phone: +1 (877) 777-9097

Email: solutions@altexsoft.com
Request for Proposal

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Glossary

90 terms

Glossary

90 terms

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
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t
u
v
w
x
y
z

0-9

2-star hotel
3-star hotel
4-star hotel

a

Airline consolidator
Airline Reporting Corporation (ARC)
Airline ticketing
Airport Management System
Allotment
Alternative accommodation
Application Programming Interface (API)
Average Daily Rate (ADR)
Average length of stay (ALOS)

b

Base fare
Bed bank
Billboard effect
Billing and Settlement Plan (BSP)
Bleisure
Booking engine
Booking window
Budget hotel

c

Cancelation rate
Capital reserve
Car rental reservation system
Central reservation system (CRS)
Channel management
Channel manager
City pair
Close out
Codeshare in aviation
Comfort letter
Consortia
Continuous pricing
Crew management

d

Demand-based pricing
Destination management company (DMC)
Dynamic packaging
Dynamic pricing

e

Experiential travel
Extranet in OTA

f

Fare buckets
Fare rules
Flight booking
Flight leg
Full board (FB)
Full-service carrier (FSC)

g

Global Distribution Systems (GDSs)

h

Half board (HB)
Host travel agency
Hotel content mapping

i

IATA
IATA accreditation
IATAN
Interlining
Inventory system in travel

j

k

l

Lead time
Low-cost carrier (LCC)
Loyalty program

m

Metasearch engine

n

Net rate
New Distribution Capability (NDC)
No show

o

Occupancy rate
Online travel agency (OTA)
Outbound

p

Passenger Name Record (PNR)
Passenger Service System (PSS)
Private fare
Property management system (PMS)
Public fare

q

r

Rack rate
Railway reservation system
Rate parity
Rate shopper
REST APIs
Revenue management
Revenue per Available Room (RevPAR)

s

SOAP APIs
Staycation
Stopover
Switch (travel technology)

t

Timatic
Tour operator
Tours and attractions (T&A)
Travel management company (TMC)

u

Unit economics

v

Vacation rental management company
Vacation rentals
Virtual interlining

w

White label app
Workation

x

y

z

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