Revenue Glossary​

Advance Purchase (AP)

📘 What is it?
A restriction that requires booking a minimum time in advance.

📊 Formula
Minimum number of days before arrival.

✅ Why is it important?

  •  Improves forecasting.
  • Secures early revenue.

💡 Example
Booking required at least 30 days in advance.

🔄 Disambiguation
vs Last Minute → opposite logic.

In summary: advance booking in exchange for price.

👉 The earlier you book, the better the price.

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