WebThis one is just what it sounds like; how long someone ‘dwells’ or stays in a certain place. It’s relevant to the tourism industry as it refers to the amount of time a customer spends at a certain activity or accommodation – this is useful to know when planning and creating tailor-made itineraries. Additionally, dwell time also refers ... WebNov 19, 2024 · The hospitality industry has developed its own vernacular—one that is unique and efficient (and peppered with expletives). While each restaurant has its own unique vernacular, many restaurant terms are commonly used across the industry.
Hotel Terminology and Key Industry Jargon - Hotel Tech …
WebA B C D F G K L M N O P Q R S T U W Y A Analytical Market Segmentation A rules-based process used to create optimal revenue management segmentation from reservation data to support both the best basis for forecast and optimization and key organizational reporting and business intelligence requirements. Ancillary Revenue WebHospitality Logistics International (HLI) is a proven leader in turnkey FF&E logistics services for the hospitality industry. Serving the world’s finest hotel brands, military and … prorated discount meaning
Hospitality Glossary - Yellowbrick
WebJul 29, 2024 · Hospitality Industry Terminology, Definitions & Jargon. If you were to sit in on a hotel’s revenue management meeting, it might sound like the meeting participants are speaking another language. Acronyms, abbreviations, metrics and jargon. Occupancy: The percentage of rooms occupied during a given period of time. For example, if your hotel ... WebCL - Chain Lock - Guest has placed a Chain Lock in the room. HU - House Use - Room is used by the hotel staff or someone staying from the management team. NCI - Newly Checked In - Room was checked in within … res bohemia