Related Words

Booking: A request by a travel or cruise agent to a cruise line's reservations department to reserve a cabin.

Late Booking Fee: A fee due if travel arrangement are made at the last minute. Normally covers express delivery of documents and other last-minute arrangements that may have to be made by a tour operator.

Double Booking: A not-nice practice of holding reservations to the same destination for the same times/days, on the same carriers but through different travel agencies, when only one reservation will ultima . . . View Full Definition

Overbooking: The practice of selling more airline seats than are available on a specific flight, to make up for no-shows. Usually backfires on the carrier and at times can create much consumer ill-will. . . . View Full Definition

Revenue Sharing: Travel agency rebate of commission revenue received on a corporation’s bookings.

Waiver: A written acknowledgement that a passenger has declined something, such as insurance coverage for a trip, for example. Also, the formal acknowledgement of the waiving or dismissal of a requi . . . View Full Definition

Deferred Pricing: A cash forward contract that provides for determining price by formula at a later date. This also may be called 'booking the basis,' when the formula sets price relative to a futures price.

No Show: A passenger who doesn't show for a flight, hotel, or rental car booking shame on you for not canceling.

Guarantee Share Fare: Acceptance of some lines of a single booking at the standard double occupancy rate, with the understanding that the client is willing to share use of the cabin with a stranger of the same se . . . View Full Definition

Back-To-Back Ticketing: Booking two overlapping round trips with opposite origin and destination points, where both bookings meet restrictions required to obtain a discount fare (such as a saturday-night stayover); . . . View Full Definition