"Award bookings" refers to the process of using loyalty points or miles to redeem free or discounted travel arrangements, such as flights or hotel stays.
These rates increase to 30,000 / 60,000 miles for awards booked in premium economy, and 40,000 / 80,000 miles for business class flights. (upgradedpoints.com)
We are offering free award booking service for a limited time to help you find the perfect award. (takeoffwithmiles.com)
Some airlines tack ridiculous fees on award bookings, and these fees can make using your miles especially expensive. (wisebread.com)