Hotel Reservation and Fare
Building Core Competence in Accommodation Booking and Pricing
Welcome to the Hotel Reservation and Fare training module—your gateway to mastering the essentials of hotel booking and pricing strategies in the travel industry. Whether you’re a new travel consultant, hospitality student, or agency staff member, this module will equip you with the practical knowledge and tools needed to manage hotel reservations professionally and profitably.
By the end of this module, you’ll be able to confidently handle hotel bookings, interpret pricing structures, and offer clients the best accommodation options tailored to their needs
What You’ll Learn
- How hotel reservation systems work (CRS, OTA, GDS)
- Types of hotel rates: rack rate, corporate rate, promotional rate, and net rate
- Room types and occupancy rules
- Booking procedures and cancellation policies
- Understanding hotel contracts and rate agreements
- Fare calculation based on duration, seasonality, and guest preferences
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