A group booking is an arrangement in which benefits of some type are secured for a collection of people, rather than individuals. This type of activity may have to do with the creation of travel arrangements that include airfare, rail travel and even hotel rooms. This same type of booking situation can also apply to everything from securing cinema tickets to obtaining a block of seats for a sports event. There are usually several benefits to group booking, including the potential of obtaining a discounted price.
A basic group booking can be seen as a reservation that provides assurance of having room for a larger number of people. Typically, this type of business arrangement makes it possible to secure certain rights or benefits for the entire group that are considered desirable. For example, a group booking at a hotel may allow all the members of the group to stay on the same floor of the establishment, making it much easier to coordinate activities while in residence. The same general approach applies for a group booking for travel, for example, in that all members of the group may be able to sit in the same sections of the airliner or in connected berths on a train.
Another important benefit of a group booking is the ability to lock in some sort of discounted pricing. It is not unusual for businesses ranging from hotels to theme parks to extend some sort of discount for groups over a certain number of participants. This is often to the benefit of the provider, since it makes it possible to ensure that a certain amount of profit is made from the arrangement. At the same time, the group members benefit since they will pay less for those benefits than if they had reserved the trip or accommodations on their own.
A group booking situation is common in a number of scenarios. Civic and other groups may secure a block of tickets to attend a local sports event together, making it possible to pay less per ticket and obtain seating in the same section. Convention planners can often obtain group booking rates for both participants and exhibitors at the hotels where the events take place, saving money while also making it more convenient to attend the events. Most businesses have specific policies and procedures that relate to group booking situations, making it possible to identify not only what must be done to arrange the booking but also compare the benefits of one program with those offered by a competitor.