Reservation Status Codes used in hotel bookings
Reservation status codes are attached to the guest reservation to indicate the status of the booking made by the guest. Eg:- Booking confirmed by credit card, tentative bookings which has to be released by 6 PM, Travel Agent Voucher confirmed etc.
Confirmed: Once payment method and/or billing instructions are confirmed a reservation status can be selected as confirmed. A reservation should only be confirmed upon receipt of a credit card or deposit payment.
Tentative: If payment method and/or billing instructions have not been guaranteed then the reservation should be set to the status of Tentative.
Company Guarantee: If a reservation is made by a company and also billed to the same company then reservation status 'Company guarantee' may be used.
6 PM Release: A reservation is not guaranteed with payment or voucher and the hotel will hold it till 6PM in the evening.
Examples of Reservation Status Codes:
|2||6 PM Release|
|3||Tentative / Provisional|