Here you will find my opinion articles
What is the meaning / definition of Franchise Agreement in the hospitality industry? The franchise agreement is the legal contract that binds a franchisor and franchisee in business. The franchise agreement is a [...]
What is the meaning / definition of Forecast in the hospitality industry? Any hotel seeking to maximise profits, should look ahead and try to predict a future situation. One way to do this [...]
What is the meaning / definition of FOC in the hospitality industry? FOC stands for: Free of Charge. It is often used in the travel industry to describe (additional) services for which the [...]
What is the meaning / definition of Floatels? The term Floatel, combines the word Float and Hotel and describes a hotel that is floating or above water that is usually permanent, contrary to [...]
What is the meaning / definition of Flexible Price Policy in the hospitality industry? Flexible pricing is the practice of pricing a product or service by negotiations between buyers and sellers, within a [...]
What is the meaning / definition of Flash Sales in the hospitality industry? Flash Sales are highly discounted and time-limited sale promotions. Hotels usually use this way of discounted sales to sell an [...]
