There are two types of reservation.They are given below:
(a)Guaranteed reservation:-
It means that a guest will guaranty to pay the room even it is not used.Unless the guest has fallowed hotels and pre-arranged conciliation procedure.It is a type reservation in which guest payment ,which could be the one day charge of a room and hotel keep their reservation for a specific period of time.If guest doesn't show according to the booking and doesn't sent the message then hotel take their advance payment as a penalty.Guaranteed reservation helps the hotel form not show.Reservation may be guaranteed in one of the following ways.
(a)Advance deposit
(b)Pre-payment
(c)Credit card
(d)Contractual agreement
(b)Non-guaranteed reservation:-
In this reservation guest doesn't have a guaranteed confirmation about the booking and hotel may not keep the room blocked for a long time.In non-guaranteed reservation hotel wait for a time limit which is 6:00pm evening.After that they released the blocked room for sale.
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