![]() Calendar Integrated with To Do List Template.Excel To Do List Template (with Check Boxes). ![]() Excel To Do List Template (Drop Down List).Market Segment, defined as: Social, Military, Educational, Religious, FraternalĪccording to Wikipedia, an acronym is a word or name formed from the initial components of a longer name or phrase. The teams responsible for selling and servicing group business contracted at a hotel. A combination of paid occupancy percentage and average daily rate. It is contracted business for a certain period of time (seasonally, annually) for certain rates across multiple properties within a hotel company or brand. Sometimes referred to as Corporate Negotiated Rates or Local Negotiated Rates. Meetings, Incentives, Conventions and Exhibitions Your hotel’s landing page on the Global Distribution System (GDS). Prior to a function, the figure given by a meeting planner to the property for the number of persons to be served. Gross Operating Profit per Available Room, measures performance across all revenue streams ![]() Gross Operating Profit (Revenue less expenses) All guest-facing staff and areas of a hotel. A complimentary or reduced-rate travel program for travel agents, tour operators, media, etc., designed to acquaint them with a specific destination to stimulate sale of travel.įree and Independent Traveller (guests that are not part of a group or package)įront of House. The number of guests anticipatedįamiliarization Tour. The areas of a hotel that have little or no direct guest contact, such as kitchen areas, engineering and maintenance, and the accounting department.Ĭomplete Meeting Package – a per person charge, inclusive of guest room, food and beverage, and proportional percentage of all other event charges.Ĭonference Service Manager or Convention Service ManagerĬonvention and Vistiors Bureaumeetings and conventions.Įxpected. Includes details such as menus, audio visual equipment, room set up, time, function, room, etcīack of House. ![]() It will include all event related charges.īanquet Event Order. A check that is presented to a meeting planner at the conclusion of the event. The number of guestrooms or covers contracted to a groupīanquet Check. Let us know if there are any you’ve encountered that should be added to the list! TermĪgreed. Common Hotel Abbreviations Dictionaryīelow is a high level list of frequently used hotel abbreviations and acronyms. Looking for more resources to help you excel in your role? Check out our Ultimate Hotel Manager’s Guide. So often, individuals who are new to the industry have to stop and ask for an explanation or make a note to go look up those acronyms later. New to the hospitality industry? Hearing new, unfamiliar hotel abbreviations and hospitality terms? One of the most remarkable things in working within the hospitality industry is the number of abbreviations and unique terms in use. ![]()
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