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Guaranteed payment reservation
Guarantee by a travel agency or company to pay for a guest room. The reservation usually does not have a credit card securing the booking, or is guaranteed by a card that does not belong to the individual staying at the hotel.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Convention
- Category: Event planning
- Company: Hilton
- Product:
- Acronym-Abbreviation:
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