Reservation Status Codes used in hotel bookings
Reservation status codes are attached to 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.
Waitlist : If the hotel or room type is fully booked then the customer should be given the option to wait list their reservation.
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.
Travel Agent Guarantee: A travel agent booking with a valid IATA number and Travel agent voucher may be selected as code Travel Agent Guarantee'.
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|