Which of the following is a reservation network that provides real-time information on availability and pricing?

A Global Distribution System (GDS) is designed to provide real-time information on availability and pricing across a wide range of travel services, including hotels, flights, rental cars, and more. It acts as a centralized hub that connects travel agents and other booking platforms to various suppliers, enabling them to access up-to-date inventory and pricing information. This is crucial for travel professionals who need to make reservations on behalf of clients efficiently and accurately.

In contrast, an Online Travel Agency (OTA) primarily functions as a booking platform for consumers, which aggregates information from various providers but does not operate as a comprehensive backend system for distributing inventory across the industry like a GDS does. Customer Relationship Management (CRM) systems focus on managing a company’s interactions with customers and do not provide real-time inventory information. Property Management Systems (PMS) are used by hotels to manage operations and reservations within their properties but do not facilitate the broader distribution of inventory like a GDS.

Thus, the GDS is distinctly suited for providing real-time information about availability and pricing in the global travel marketplace.