HTM 3060 Study Guide - Midterm Guide: Linkedin, Marriott Vacation Club, Image Sharing

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Document Summary

Travel wholesaler: a large volume travel industry intermediary who sells to other, smaller-volume travel intermediaries. Global distribution system (gds): a group of companies that electronically connect travel related business such as airlines, and hotels with those individuals and companies seeking to buy from them. Internet distribution system (ids): the group of online reservation systems and travel portals that utilize the internet to connect travel-related businesses such as hotels with those individuals and companies seeking to buy from them. Includes online travel agents, travel portals, travel search engines/ directories, online hotel consolidators and airline websites. On-property transient sales: characteristics of a walk-in guest. Guest characteristic: is on the property, seeks immediate purchase allows the hotel to immediately satisfy the guest"s. Stops the guest"s room search immediately desire to buy. Minimizes lost room inventory and cancellations: wants a room for use today, has already experienced part of the hotel (just by entering the property, face to face communication exchange is possible.