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What is the meaning / definition of Hotel Classification? Hotels are classified according to the hotel size, location, target markets, levels of service, facilities provided, number of rooms, ownership and affiliation etc. Besides [...]
What is the meaning / definition of Hotel Capacity in the hospitality industry? Capacity is the set number of rooms in a single hotel: i.e. the maximum capacity. Typically answers the question: how [...]
What is the meaning / definition of a Hotel Brand? A hotel brand is an identity that binds a group of hotels together in the eyes of the customers. The identity is generated [...]
What is the meaning / definition of Hotel Asset Management in the hospitality industry? This term describes the practice of managing a hotel like an asset, rather than solely as a business, as [...]
What is the meaning / definition of Hotel Asset in the hospitality industry? In Hotel Asset Management, all properties fully owned by the hotel can be described as a hotel asset. Common hotel [...]
What is the meaning / definition of Hotel? A hotel is an establishment which purpose it is to host guests over-night. The property is fitted with multiple rooms each suited with beds, duvets, [...]
