Glossary P

The travel glossary. Letter P +++ Popular Articles: 'Plate Service', 'Product', 'Pusan'

Promotional partnership is the combination of two or more companies to offer
special incentives to customers.

prop is referring to propeller-driven aircraft

Proper resource pricing is the Pricing of natural resources at levels which reflect their combined economic and environmental values.

Property is in the hospitality industry, any lodging facility, such as a Hotel or motel, inn, lodge or other accommodation facility.

Property Management System (PMS) is a computerised Front Desk System that deals with online reservations, guest bookings, point of sale, telephone and other amenities.

Property Types are the Hotel classifications driven primarily by building structure and secondarily by service level. Property types include:

All-Suite
Properties that offer only

Proprietary Booking Engine is an Internet Reservation System that is owned and operated by an individual Hotel (or group of hotels) to enable them to take Reservation on their own website without paying a fee to a franchise reservation systems, third party booking engines or Global Distribution System (GDS).

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Glossary P

Glossary P

Promotional partnership

Prop

Proper resource pricing

Property

Property Management System

Property Types

Proprietary Booking Engine

Prosperpine

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