O - Glossary

OCCUPANCY

What is occupancy? Occupancy refers to the percentage of the hotel’s rooms sold last night.

OCCUPANCY PERCENTAGE

What is occupancy percentage? Occupancy percentage is a percentage calculated by dividing the total number of rooms occupied by the total number of rooms available.

OFF SEASON

What is Off Season? Off-season is a period of the year facing the lowest demand. It is also commonly referred to as a weak season or valley season.

ONWARD DISTRIBUTION

What is Onward distribution? Onward distribution is the conveyance of rates, inventory, and content to various channels through the GDS or through the Internet via switching mechanisms.

OPAQUE CHANNEL

What is an opaque channel? An opaque channel is a website on which either the price or the product is hidden to the customer.