Customer Segmentation for the Hotel Industry. Whether a hotel, restaurant, or attraction can by enjoyed by people of all ages and abilities, regardless of physical or other limitations. Advance rates: Low rates advertised by the hotel to encourage guests to book in advance.A word of warning: advance rates are often pre-paid and non-refundable. Occupancy – A percentage rate used by places of accommodations that indicate the amount of rooms sold per night. Here is an inconclusive list of various hospitality industry terms, words, phrases, buzzwords, neologisms, jargon, and more related definitions. They arrive by airplane and usually rent cars for transportation. Bed Tax – Also known as Transient Occupancy Tax, it is a City or County tax added to the price of the room. Late arrival: Hotels that don’t operate a 24-hour reception desk will need to make special arrangements for guests who arrive well after check-in time. Get a complete picture about difficulties in the hotel management sector. Cynics might say that the shoulder season is a term that hotels and airlines use to charge the high rates of peak season, while being able to offer attractions, staff, and resources typical of the off-peak season. Travel Trade Shows for Travel Trade Professionals, Creating Sample Travel Itineraries – Dos and Don’ts. The importance of Technology in hospitality industry is something that hoteliers across the world acknowledge and accept. This is useful to determine the average costs of hotel rooms when searching for rooms by price. Photo courtesy of 準建築人手札網站 Forgemind ArchiMedi. Against that backdrop, highly personal and sensitive information such as social security numbers were recently stolen in the Equifax hack, affecting over 145 million people. Below are a few examples of popular buzz phrases that constitute many of the most-used phrases in workplace jargon: Land and expand - Workplace jargon meaning to sell a small solution to a client and then once the solution has been sold, to expand upon the same solution in the client's environment Decisions being taken to shut down hotels, restaurants, theme parks, cinemas, not to mention the entire disruptive effect of the travel ecosystem, all have a significant impact on worldwide tourism. House Limit – The maximum amount the the hotel will allow on credit before requesting payment. bellboy noun: a staff member who helps guests with their luggage: The bellboy will take your bags to your room for you. Net Rate: Hotel room inventory sold via a third-party distributor at prices subject to commission. nice terminologies and easy to understand.. thanks for such wealthy informations.. For those of us in the tourism industry, like many others, we use a wide array of abbreviations and/or acronyms. Familymoon – A term used to describe a type of honeymoon a newlywed couple can make along with their children from previous relationships. In general terms, hotel industry trends or hospitality trends generally look at new consumer behaviour, new technology, and the new business theories … Important travel industry terms to know ADM (Airline Debit Memo) We’ve compiled a high level list of frequently used acronyms. Workplace Jargon Examples. Much more food than the “continental breakfast”. Motorcoach: Large passenger bus. HOTEL INDUSTRY ACRONYMS ACRONYM DEFINITION 24-Hour Hold A term used to describe the type of reservation made on function space within a venue (hotel, convention center, etc.). Thanks so much! Today, there is nothing else that can give you as much competitive edge. One of the most remarkable things in working within the hospitality industry is the number of abbreviations and unique terms in use. It is designed to be moved easily by fork-lift trucks. August 24, 2020 April 3, 2016 by Logan Theissen. CVB: Convention and Visitors Bureau. A La Carte – When referring to food, perhaps in a room-service or restaurant menu, this indicates that each single item is priced separately. Assets: The attractions, hotels and restaurants within a … Group Leader: The person who accompanies and/or leads the people on a group tour. American Breakfast – A breakfast, usually either a self-serve buffet-style, including juices, coffee, cereal, meats, cheeses, baked goods, and other various things. An entity that promotes tourism in a hotel room now that we know the sizes. Upgrades or Business services offered when booking a hotel room types and will... Guests who visit may like to try our hotel vocabulary quiz house –. 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