S - Glossary

What is Law of Supply? Law of supply an economic law that states that as price rises, the quantity supplied increases and as the price falls, the quantity supplied decreases.

What is a shoulder season? A shoulder season is the time of year immediately before or after a peak season or a weak season.

What is stay? Stay is the number of nights a guest occupies a specific product, whether it is a hotel room, a cruise berth, or a campground space.

What are stay controls? Stay controls are duration rules and restrictions that may apply to arrival dates, departure dates, and minimum length of stay.

What is a stay pattern? A stay pattern is a pattern that can cover the individual’s arrival day, number of nights’ stay, and departure day for the guest.