Fenced Booking definition
Examples of Fenced Booking in a sentence
Subject to Sections A.3, B.3.b and B.3.e, and unless otherwise agreed, You instruct Expedia not to display Hotel Collect Bookings with a Room Price lower than the relevant Best Available Rate, or in the case of Fenced Bookings, not to display with a Room Price lower than the relevant Best Available Rate reduced by the Fenced Booking Percentage.
The Fenced Booking Percentage is a discount You provide beyond the amount You would otherwise receive for a Hotel Collect Booking.
You may increase the Fenced Booking Percentage at your discretion.
The Fenced Booking Percentage is a discount You provide beyond the amount You would otherwise receive for an Expedia Collect Booking or a Hotel Collect Booking.
For each room night covered by a Package Booking or Opaque Booking, you will be entitled to an amount equal to (a) the EC Remittance for the corresponding Expedia Collect Booking Rate Plan reduced by the Fenced Booking Percentage (the “Package Remittance”) and (b) Taxes paid by the guest (unless Expedia is required to pay the Taxes directly to the Tax authorities).
The Parties agree that the Fenced Booking Percentage for Standalone Fenced Bookings may be increased at Your discretion.
For each room night covered by a Standalone Fenced Booking, You will be entitled to an amount equal to the Standalone Fenced Booking Room Price reduced by the Compensation, plus Taxes paid by the guest (except to the extent Expedia is required to pay such Taxes directly to the applicable Tax authorities).
The Parties agree that the Fenced Booking Percentage may be increased at Your discretion.
The Parties agree that the Fenced Booking Percentage for Package Bookings and Opaque Bookings may be increased at Your discretion.
Where you are responsible for collecting guest payment for a Fenced Booking, you will pay Expedia in the same way that you pay Expedia for Hotel Collect Bookings.