Travel glossary
Allotment
An allotment is a block of rooms or seats that a supplier holds for a travel company to sell, usually under a contract.
Unsold allotment inventory is typically released back to the supplier at a set time before arrival, called the release period.
Related terms
Related terms
Release periodThe release period is the number of days before arrival by which a tra…Contracted rateA contracted rate is a price agreed in advance between a travel busine…GIT (Group Inclusive Tour)A GIT is a travel package for a group travelling together on the same …Fixed departureA fixed departure is a tour that runs on pre-set dates with a set itin…
FAQ
Common questions
What is Allotment?
An allotment is a block of rooms or seats that a supplier holds for a travel company to sell, usually under a contract.
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