Hotel Revenue & Management Blog

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 building. It is an accounting term used in valuing, selling, or liquidating a company or building. When valuing a company it is important to consider FFE as [...]

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 variables can determine a hotel’s room rates for rooms. When segmented into Fenced Rates, the process of rate-setting becomes a lot simpler. Types of Fenced Rates can [...]

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 to determine where does the tourism come from. Usually defined in international arrivals (overnight visitor) and/or in visitor spend (how much money do the visitors spend in [...]