An example method for allocating resources in a multi-cloud environment may include receiving, by an allocation broker executing in the multi-cloud environment, a client request to create an allocation of cloud resource in a plurality of clouds. The method may include receiving, by the allocation broker from a reservation broker, a reservation candidate based on a reservation type. The reservation candidate is associated with a cloud, and the cloud corresponds to a cloud broker. The method may further include invoking, by the allocation broker, a location handler corresponding to the reservation type to identify a reservation in the cloud having sufficient resource quota to support the allocation of cloud resource, and invoking, by the allocation broker, an allocation handler corresponding to the reservation type to create the allocation of cloud resource in the reservation.