Close Out

What is the meaning / definition of Close Out in the hospitality industry?

Hotel rooms made unavailable from sales. Such a closed out could be for a variety of reasons and applied to individual market segments.

For instance dates could be closed out for sales from lower priced segments during high demand dates such as large trade-fairs or city wide events.

See Also:

• Closed to Arrival
• Closed to Departure

Synonyms

• Close Out
• Close out dates