What is the definition of Booking Window in the hotel industry?
Booking window is like to Lead Time. It’s the period of time between the reservation is finished by the visitors or a cluster and the real coming date to the hotel. Different market sections can have different booking windows. It is vital to contemplate the booking window to properly estimate the financial performance of the hotel and make proper pricing decisions. If for example your hotel has a booking window of 30 days there might be no need to pull down your price for a certain day with 50 days of early payment although you have low occupancy for that specific date. Advanced lead-time bookings tend to come from long-haul markets with flights elaborate. They also tend to have a complex average length of stay, meaning if your proposals are designed to request to this section and are appropriately distinguished, you will gain business.