{"id":893,"date":"2024-01-16T22:20:10","date_gmt":"2024-01-16T22:20:10","guid":{"rendered":"https:\/\/e360hospitality.com\/?p=893"},"modified":"2024-02-21T21:31:03","modified_gmt":"2024-02-21T21:31:03","slug":"how_do_hotel_deposits_work","status":"publish","type":"post","link":"https:\/\/e360hospitality.com\/hotel-operations\/how_do_hotel_deposits_work\/","title":{"rendered":"How Do Hotel Deposits Work?"},"content":{"rendered":"\n<p class=\"\">When a guest makes a payment before he checks in, or in other words, before he consumes any of the hotel&#8217;s products or services, the payment is an advanced deposit. Deposits sit in a<a href=\"https:\/\/e360hospitality.com\/hotel-glossary\/hotel-billing\/\" title=\"\"> guest&#8217;s bill<\/a> as a credit, meaning the hotel always owes the guest this money, if it is not used against charges to settle the bill.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What does it mean when a hotel asks for a deposit?<\/h2>\n\n\n\n<p class=\"\">It can mean one of the below two:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. To guarantee your booking<\/h3>\n\n\n\n<p class=\"\">When booking, the reservations agent asks for a deposit to confirm your booking. The hotel guarantees the booking if credit card details are provided, or the booking is coming from a trusted source, such as the guest&#8217;s company. The hotel won&#8217;t charge the credit card and keep it in the file in case, of <a href=\"https:\/\/e360hospitality.com\/hotel-glossary\/understanding_cancellation_policy\/\" title=\"\">cancellation or no-show<\/a>, where the charges or penalty might apply<\/p>\n\n\n\n<p class=\"\"><strong>Can you pay hotel deposit with cash to guarantee the booking?<\/strong>  Yes, you can pay the deposit through other ways like bank transfer if you are not willing to provide your credit card to the hotel agent.<\/p>\n\n\n\n<p class=\"\">With a guaranteed reservation, you can late check in, however, with a non-guaranteed reservation, the hotel has the right to cancel the reservation on or after the specified hold time (such as 2PM Release, 6PM Release, etc)on the arrival date.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. As a security deposit<\/h3>\n\n\n\n<p class=\"\">Usually, at check-in, hotels take a deposit to cover the total stay&#8217;s room charges, a fixed amount for incidentals per day during the stay. This ensures covering any incidental charges and (in the case of) damages to the room. <\/p>\n\n\n\n<p class=\"\">Here is an example deposit rule: <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"470\" height=\"192\" src=\"https:\/\/i0.wp.com\/e360hospitality.com\/wp-content\/uploads\/2024\/01\/image-1.png?resize=470%2C192&#038;ssl=1\" alt=\"\" class=\"wp-image-901\" srcset=\"https:\/\/i0.wp.com\/e360hospitality.com\/wp-content\/uploads\/2024\/01\/image-1.png?w=470&amp;ssl=1 470w, https:\/\/i0.wp.com\/e360hospitality.com\/wp-content\/uploads\/2024\/01\/image-1.png?resize=300%2C123&amp;ssl=1 300w, https:\/\/i0.wp.com\/e360hospitality.com\/wp-content\/uploads\/2024\/01\/image-1.png?resize=150%2C61&amp;ssl=1 150w\" sizes=\"(max-width:767px) 470px, 470px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p class=\"\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When a guest makes a payment before he checks in, or in other words, before he consumes any of the hotel&#8217;s products or services, the payment is an advanced deposit.<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[74,72,73,71,75],"aioseo_notices":[],"featured_image_src":null,"author_info":{"display_name":"Staff Writer","author_link":"https:\/\/e360hospitality.com\/author\/staff-writer\/"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","wps_subtitle":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/posts\/893"}],"collection":[{"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/comments?post=893"}],"version-history":[{"count":4,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/posts\/893\/revisions"}],"predecessor-version":[{"id":904,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/posts\/893\/revisions\/904"}],"wp:attachment":[{"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/media?parent=893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/categories?post=893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e360hospitality.com\/wp-json\/wp\/v2\/tags?post=893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}