Last Room Availability (LRA)
Quick answer
A clause in a corporate hotel agreement that the negotiated rate is available even when the property is showing only its last room — so corporate travellers don't get locked out at peak times.
A clause in a corporate hotel agreement that the negotiated rate is available even when the property is showing only its last room — so corporate travellers don't get locked out at peak times.
Explore related terms: Travel Management Company , Online Booking Tool , Travel and Expense
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The combined spend category covering pre-trip bookings (air, hotel, car, rail) and post-trip expenses (meals, taxis, incidentals reclaimed via expense report).
The booking record an airline or GDS holds for a trip — traveller name, flight segments, ticket numbers, contact details and special requests — and the source of truth the airline operates against.
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