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What is the difference between a confirmed and guaranteed reservation?

April 26, 2017guaranteed reservation

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What is the difference between a confirmed and guaranteed reservation?

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A confirmed booking has no deposit given and reservation will be held till a specific cut-off time of 4 p.m. The reservation will be released if no show after that time. A guaranteed reservation is when a deposit is received for the reservation and the room will be held regardless to any time of arrival.