Revenue Management Glossary

Room Block

Definition

A Room Block refers to a set number of hotel rooms reserved in advance for a specific group or event, such as conventions, weddings, or corporate meetings. These rooms are typically held under a firm agreement and are not available for sale to the general public during the reserved period.

How to use it

Revenue teams manage room blocks to secure group business in advance, often balancing group rates and inventory with transient demand to maximize overall revenue.

Formula

N/A

Related Terms

Attrition, Cut-Off Date, Group Booking
“Room blocks are essential tools for managing group accommodations, ensuring both organizers and attendees have a seamless lodging experience.”

Tim Boersma

Tim Boersma
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