Glossary
Frequent Independent Traveller
Frequent Independent Traveller (FIT) is a Visitor who stays at the Hotel on their own (as opposed to being a part of an organised group) on a regular basis.
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FIT | ■■■■■ |
FIT is the foreign Independent touractually used generically now for a Travel Package put together by . . . Read More | |
Hotel | ■■■ |
Hotel is a large Lodging Facility that also often provides food and beverage services on site. Hotels . . . Read More | |
Reservation | ■■■ |
Reservation is a guestroom that is being held under an individual or business' name for a specific date . . . Read More | |
Guest Mix | ■■■ |
Guest Mix is the variety and percentage Distribution of Hotel guests (for example, business, leisure, . . . Read More | |
Lodging | ■■■ |
Lodging is any establishment that provides shelter and overnight Accommodations totravelers. In the context . . . Read More | |
Market | ■■■ |
Market is all existing and potential customers for a Product or service. In the context of travel, transport, . . . Read More | |
Room rates | ■■■ |
Room rates are the various rates used by Lodging properties to price rooms. These include: Day Rate (usually . . . Read More | |
Booked | ■■■ |
Booked is a term for the Hotel rooms, airline tickets or other Travel services held for a specific client. . . . Read More | |
Organisation | ■■■ |
Organisation is a deliberate arrangement of people to achieve a particular purpose. "Organization" in . . . Read More | |
Sales | ■■■ |
Sales are the revenue from ordinary activitiesnot necessarily cash. "Sales" in the context of travel, . . . Read More |