What is the definition of Lead Time Restriction in the hotel industry?
At a hotel, the time taken between when a consumer makes a reservation and their real entrance is called the Lead Time. Sometimes this time period has to be limited.
Integrating a Lead Time Restriction into a hotel’s reservation system is something all hotel Reservation Teams and/or Revenue Management departments should think.
Because it can assist with the management of room accessibility overall, make sure that productivity is always maximized. This usually relate to an offer, which is presented up to a definite number of days prior to arrival. Can be joint with other restrictions. For example a 15% discount, which is non-refundable, up till 30 days prior to arrival. Such endorsement are set-up not to correspond with the regular booking window, in order not to down operate ADR on your usual demand.