WebThe Hospitality Dictionary: Guide To Hotel Terms, Acronyms & A bbreviations. Acronyms, abbreviations, and specific terms are very common within the hospitality industry. The … WebSubmitted by professionals in the hotel and planner side of hospitality, these were the most common hotel terms, acronyms, and abbreviations that professionals need to know. Your …
Abbreviations and acronyms dictionary - Acronym Finder
WebA metric that assumes an even distribution of supply, demand and revenue among all properties in a selected group. An index of 100 indicates a property has achieved its fair share. For example, if a subject hotel’s ADR is $50, and the ADR of its competitive set is $50, the subject hotel’s total index is 100. Webfee – bundled air transaction fee. An air transaction fee that includes the costs associated with servicing air, hotel and car transactions. Therefore, hotel and car only bookings (not to exceed XX% of air bookings) are not charged a transaction fee. fee – management fee. Fee assessed in addition to direct costs. gallup nm homes for rent
Common Hotel Abbreviations - Top 100 - All Acronyms
WebAccounts receivable (AR) definition: The amount of money owed by customers or clients to a business after goods or services have been delivered and/or used. 2. Accounting (ACCG) Accounting (ACCG) definition: A systematic way of recording and reporting financial transactions for a business or organization. 3. WebThe travel industry is replete with jargon and acronyms and we hope you find this glossary/dictionary of travel terms useful. 888-353-3355. Home; Luxury Cruise. Luxury Ocean Cruise; Luxury River Cruises ... A la Carte Bar – Also known as a “Cash Bar,” a bar located within one’s hotel room that is pre-stocked with an assortment of snacks ... WebOct 8, 2024 · Abbreviations Dictionary. Published in 2001: Abbreviations, nicknames, jargon, and other short forms save time, space, and effort - provided they are understood. black-clawson case