Global Information Lookup Global Information

Hotel consolidator information


A hotel consolidator (also called a hotel broker) is a travel company (travel agency or tour operator) or business that buys up blocks of hotel rooms at a predetermined destination and then resells them as package holidays[1] or at discounted rates to final customers. By reselling at a predetermined discount, consolidators can create a market for discounted hotel deals online and pass savings to their customers.[2] Global hotel consolidators usually offer discounted rooms in major tourist destinations, big cities, or popular resorts, while local consolidators focus only on business and competition within particular geographic areas.

Hotel consolidation can be separated into two main operations: (1) buying blocks of rooms at volume discounts at predetermined destinations, and (2) distributing “excess rooms” offered by hotels not anticipating full occupancy for given dates.[3]

As compared to requesting discounts on an individual basis, hotel consolidators are able to achieve much larger savings due to their buying power. By offering reduced room rates to consolidators, hotels can theoretically yield a greater number of reservations, and thus raise greater profit.

  1. ^ "Unlocking the Best: What Are the Top All-Inclusive Travel Packages for Europe". Simify. Retrieved 2023-12-18.
  2. ^ "What is a Hotel Consolidator?". www.superpages.com. Retrieved 2008-08-22.
  3. ^ Guerrilla travel tactics?. Jay Conrad Levinson, Theo Brandt-Sarif. 2004. ISBN 9780814471708. Retrieved 2008-08-22.

and 19 Related for: Hotel consolidator information

Request time (Page generated in 0.849 seconds.)

Hotel consolidator

Last Update:

A hotel consolidator (also called a hotel broker) is a travel company (travel agency or tour operator) or business that buys up blocks of hotel rooms...

Word Count : 225

Consolidator

Last Update:

Consolidator may refer to: Airline consolidator, a wholesaler of airline tickets Hotel consolidator, a company that buys up blocks of hotel rooms for...

Word Count : 108

Airline consolidator

Last Update:

An airline consolidator is a wholesaler of airline tickets, sometimes described as a broker. Airlines make tickets available to consolidators at significant...

Word Count : 268

Travel agency

Last Update:

book travel has been increasing. Destination marketing organization Hotel consolidator Tour guide Tour operator Tourism minister Morello, Robert. "How Does...

Word Count : 3196

Package tour

Last Update:

flexible options while using an agency's services. Escorted tour Hotel consolidator Tourism "History". Thomas Cook. Retrieved 2009-07-01. "Thomas Cook...

Word Count : 810

Fairmont Hotels and Resorts

Last Update:

Kingdom Holding Company; consolidating Fairmont with their other hotel brands, Raffles and Swissôtel to form Fairmont Raffles Hotels International (FRHI)...

Word Count : 1740

Taj Hotels

Last Update:

Taj Hotels is a chain of luxury hotels and a subsidiary of the Indian Hotels Company Limited, headquartered in Mumbai, India. Incorporated by Jamsetji...

Word Count : 1290

Hotel Metropol Moscow

Last Update:

Moscow-based Azimut Hotels chain. In 1898, Savva Mamontov and Petersburg Insurance consolidated a large lot of land around the former Chelyshev Hotel. Mamontov...

Word Count : 639

Canadian Pacific Hotels

Last Update:

2006, Kingdom Hotels International and Colony Capital purchased Fairmont, consolidating their hotel brands to form Fairmont Raffles Hotels International...

Word Count : 2922

Choice Hotels

Last Update:

the largest hotel chains in the world, owns several hotel brands ranging from upscale to economy. As of the third quarter 2023, Choice Hotels franchised...

Word Count : 3495

Consolidated Fund

Last Update:

a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund...

Word Count : 2726

Hyatt

Last Update:

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza...

Word Count : 4384

The Caledonian Edinburgh Hotel

Last Update:

Caledonian Edinburgh is a five-star hotel in Edinburgh, Scotland. Opened in 1903, it is an example of a British grand railway hotel. Nicknamed "The Caley", it...

Word Count : 1189

General Walker Hotel

Last Update:

The General Walker Hotel was a hotel for US troops after World War II in the mountain (Alpine) retreat of Obersalzberg, Germany. The former Pension Moritz...

Word Count : 1029

Aloha Surf Hotel

Last Update:

Aloha Surf Hotel is a 2020 American independent film written and directed by Stefan Schaefer, and produced by Cicala Filmworks and Jonathan Stern's Abominable...

Word Count : 281

Van Noy Railway News and Hotel Company

Last Update:

The Van Noy Railway News and Hotel Company, known today as HMSHost, was a business founded by the Van Noy Brothers of Kansas City, Missouri, which developed...

Word Count : 1107

Wyndham New Yorker Hotel

Last Update:

The New Yorker Hotel is a mixed-use hotel building at 481 Eighth Avenue in the Hell's Kitchen neighborhood of Manhattan in New York City. Opened in 1930...

Word Count : 14850

Sahara Las Vegas

Last Update:

Vegas is a hotel and casino located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by the Meruelo Group. The hotel has 1,616 rooms...

Word Count : 19478

DuPont Building

Last Update:

Retrieved January 5, 2021. "Hotel History - HOTEL DU PONT". Historic Hotels of America. Retrieved 2022-12-14. "DuPont Consolidates Corporate Headquarters at...

Word Count : 581

PDF Search Engine © AllGlobal.net