THE ABC OF ELECTRONIC DISTRIBUTION

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OBE (Online Booking Engine) = IBE = WBE

See IBE.

Occupancy

Defines the percentage of all occupied rooms at a given time. The occupancy rate is calculated by total rooms sold divided by number of total rooms available, e.g. 250 rooms sold / 400 rooms available = 62.5 % occupancy.

ODD (Online Distribution Database)

The ODD is a content database service offered by Pegasus, including text, images, geo-coding, contact information etc. from hotels in multiple languages. It is most commonly used together with the Pegasus Ultradirect switch, which delivers rates and availability for hotel rooms. The ODD is typically used to transmit content in a customized way to OTA websites eliminating the need for the hotel to maintain content manually in the Extranet. Hybrid-models are common as well.

Opaque Sites

An OTA website that offers a certain product category (e.g. a 4 star hotel room) for a certain price. The shopper only sees the category offered, but not the specific product (e.g. hotel name or brand) – product details are only disclosed after the purchase. Examples are Hotwire, Secret Hotels at Lastminute or Travelocity.

OTA (Online Travel Agency) = ADS = IDS

A website, allowing consumers to book various travel related services directly via the Internet. Examples include Booking.com or Expedia as well as many local or regional sites.

OTA  (OpenTravel Alliance)

An organization that provides a community where companies in the electronic distribution supply chain work together to create an accepted structure for electronic messages, enabling suppliers and distributors to speak the same interoperability language, trading partner to trading partner (http://www.opentravel.org/).