Glossary
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Online Booking Tool (OBT)
Self-service platforms that allow employees to book travel while maintaining policy compliance and accessing negotiated corporate rates.
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OTA (Online Travel Agency)
Web-based platforms that enable travelers to research, compare, and book travel services from multiple suppliers in a single interface.
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Out-of-Void Reshopping
The practice of monitoring and rebooking airline tickets for lower fares after the initial 24-hour void window has expired. Unlike void window reshopping, out-of-void reshopping typically involves change fees and penalties, but can still generate net savings when the fare difference exceeds these costs. This process requires careful analysis of fare rules and change policies to ensure profitable rebooking opportunities.