THE ABC OF ELECTRONIC DISTRIBUTION

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Denials

see Turnaways

Direct Connect

A direct connection for data interchange and synchronization, e.g. between CRS and OTA. A direct connect eliminates extranet maintenance for rates and availabilities. A common standard interface is the so called XML interface, which enables real-time rate and availability updates. In most cases, OTA reservations are then automatically sent to the hotel via the CRS (or PMS, depending which system is used to directly connect to the OTA).

Dynamic Packaging

This method combines inventory (rates and availability) from multiple sources e.g., hotels, rental cars and flights in one online application. It allows the customers to create and book a customized itinerary resulting in a higher flexibility compared to pre-packaged holidays.

Dynamic Pricing

A revenue management strategy, based on a specific rate model for revenue optimization (e.g., by changing room rates daily) and changing according to market demand. Specific rates and restrictions are combined for one product. Consortia/negotiated rates are no longer fixed (in some cases). By linking to the BAR (also see BAR), they now fluctuate with any BAR change.