How does third party hotel booking work?

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Joined
10 Jul 2006
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Lets say I book a hotel through a third party? Do they then goto the hotel and book the room or do they have a set section of the hotel that they can sell so they know how many rooms are left?

Reason I am asking is that some places charge completely different prices for EXACTLY the same room (on paper), but it could be that when you get to the hotel that the room is in a rubbish part of the hotel etc....

Anyone got any insight on the reasoning?
 
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