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What is the meaning / definition of Flagship Hotel? A Flagship Hotel is a hotel chains most prized hotel. It is often the chain’s main hotel, or largest hotel in a country. Many [...]
What is the meaning / definition of Fit-Out in the hospitality industry? The term ‘Fit out’ is used in the hospitality industry to refer to the process of preparing an interior space for [...]
What is the meaning / definition of Furniture, Fixtures, and Equipment in the hospitality industry? FFE stands for Furniture, Fixtures, or other Equipment that has no permanent connection to the structure of the [...]
What is the meaning / definition of Fenced Rate in the hospitality industry? The term Fenced Rate refers to reservations that offer certain benefits for bookers: under some conditions and requirements. Lots of [...]
What is the meaning / definition of Feeder City in the hospitality industry? The term Feeder City refers to cities of origin which feed travelers to hubs or gateway cities. Basically it is [...]
What is the meaning / definition of Fixed Costs in the hospitality industry? Fixed Costs, abbreviated as FC, are costs which are invariable, meaning they stay relatively constant in value despite changes in [...]
