Hotel Revenue & Management Blog

What is the meaning / definition of Function Room Occupancy in the hospitality industry? The measurement term Function Room Occupancy calculates how a hotel is utilising its space. This is done to ensure hotels are effectively using all space available in their public areas. It can also be used to determine if more or less furniture can or should be [...]

What is the meaning / definition of Full Service Hotel in the hospitality industry? The term full service hotel, describes a hotel which offers a variety of different services and includes all of these services in the price. This type of hotels, generally have a higher price, though guests are sure that when they have booked that they will not [...]

What is the meaning / definition of Friends & Family Rate in the hospitality industry? The term friend and family rate, refers to the rate given to family members and friends of employees or managers working at hotels. The concepts which exists with all types of businesses, from hotels to airlines and independent businesses allows a reduction in price for [...]