Hotel Revenue & Management Blog

What is the meaning / definition of Seasonal Hotel in the hospitality industry? A Seasonal Hotel is a hotel which operates only in a specific season. This is often due to its location being greatly influenced greatly by weather changes, which affect the surrounding environment in such a way that the guests main reason for staying is only available during [...]

What is the meaning / definition of Rural Hotel? A rural hotel, is a hotel located outside of a town or city. It caters towards rural tourism, which is a type of eco-tourism. Tourists visiting can actively participate in a rural lifestyle. With the atomisation of much of the agriculture in rural areas, this type of tourism can drive the [...]

What is the meaning / definition of Royalty Fee? The term royalty fee refersto the monthly re-occurring fee a franchisee pays to the franchisor. The fee is generally a in the Franchise Agreement agreed upon percentage of the profits. Typically this ranges from between five and nine percent. This fee is generally oriented towards allowing the franchise healthy enough profit, [...]