Definition : Bed bank

A bed bank is a specialized type of travel wholesaler that acts as a middleman between hotels and travel agencies. It offers a wide selection of hotel rooms at discounted rates, allowing travel agencies to easily book and manage accommodations for their clients. This innovative concept streamlines the booking process and provides travelers with a convenient and cost-effective way to secure their desired accommodations. Bed banks also offer a variety of additional services, such as room upgrades and special packages, making them a valuable resource for both travel agencies and their clients. With the rise of online booking platforms, bed banks have become an essential tool in the travel industry, providing a seamless and efficient way to book and manage hotel reservations.

Discover the Precise Definitions of Marketing Terms

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt