Gross Booking Value definition

Gross Booking Value means, for a specified period, the total amount actually collected, or which should have been collected, or that will be collected when such Travel Booking is Consumed, from an End User (in each case, excluding the impact of any coupons, credits, promotions or other discounts offered or provided by a party other than Expedia) with respect to a Travel Booking for a Travel Product by the End User.

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Gross Booking Value or “GBV” means (unless otherwise agreed in writing), for each Consumed Booking, the total price (including taxes and fees) actually paid by Customers to TAAP Member or Supplier, excluding (i) taxes and fees paid by the Customer at the time of stay; and (ii) any element of the Booking that is paid or reduced by redemption of coupons, discount codes or Expedia+ points. For Standard Tier TAAP Members, the Marketing Fees are as follows:

Gross Booking Value means, in respect of each Transaction, the total monies paid by the customer, exclusive of any value added tax or other sales tax, and after deduction of any rebate, allowance, credit or

Examples of Gross Booking Value in a sentence

Decolar shall collect, on behalf of Expedia, the Gross Booking Value for any Affiliate-Collect Bookings of any Travel Products made by an End User and for which Decolar has acted as the Merchant of Record, excluding any Service Fees and Taxes, in each case, imposed in excess of the Room Rate (the “Room Revenue”).
The Company shall (subject to the Agent performing its obligations under this Agreement) pay to the Agent a commission equal to 10% (ten) percent (%) of the Gross Booking Value invoiced for all Packages for which the Agent concludes a supply contract on behalf of the Company pursuant to and during the term of this Agreement.
For the purpose of this Agreement, “Minimum Bookings Percentage” shall mean [***]; and the “Relaxed Bookings Percentage” shall mean from 1 January 2020 to the date of any Election Notice: [***] of the Gross Booking Value from non-Expedia sourced Travel Product in respect of the Expedia Territory.
Decolar shall collect, on behalf of Expedia, or any of its Affiliates, including Travelscape LLC, the Gross Booking Value for any Affiliate-Collect Bookings of any Travel Products made by an End User and for which Decolar has acted as the Merchant of Record, excluding any Service Fees and Taxes, in each case, imposed in excess of the Room Rate (the “Room Revenue”).
If the Parties cannot reach an agreement within thirty (30) days of expiration of the Suspension Period, this Agreement shall terminate, and Decolar shall, within sixty (60) days after the effective termination date, pay to HBX a fee in the amount of [***] of the amount of Gross Booking Value remaining to reach the Total Volume Target as of such termination date (the “Force Majeure Payment”).
According to such ratios of Monthly Net Revenues to Monthly Gross Booking Value, the simple average Monthly Revenues to Bookings Ratio during the 6-month period preceding the date hereof was __% (the “Determining Ratio”).
According to such Monthly Gross Booking Values, the simple average Monthly Gross Booking Value during the 3-month period preceding the date hereof was US$ _______ (the “First Base Monthly GBV”).
Decolar shall collect, on behalf, but not in the name, of Expedia, or any of its Affiliates, including Travelscape LLC, the Gross Booking Value for any Affiliate-Collect Bookings of any Travel Products made by an End User and for which Decolar has acted as the Merchant of Record, excluding any Service Fees and Taxes, in each case, imposed in excess of the Room Rate (the “Room Revenue”).

More Definitions of Gross Booking Value

Gross Booking Value or “GBV” means, for a specified period, the total amount actually collected, or which should have been collected, or that will be collected when such Travel Booking is Consumed, from an End User (in each case, excluding the impact of any coupons, credits, promotions or other discounts offered or provided by a party other than Expedia) with respect to a Travel Booking by the End User.

Gross Booking Value means the total price paid for a Travel Service to an Expedia Entity by Customers effecting a Qualifying Transaction, excluding any taxes and fees paid by such Customers at the time of stay.

Gross Booking Value means the total Booking price paid by the Customer including all applicable taxes, cleaning fees and any additional fees for services purchased directly on or via the TrustedStays Platform.