What is the meaning / definition of Workcation in the hospitality industry?The term ‘Workcation’ is formed by blending the words ‘Work’ […]
What is the meaning / definition of Wholesaler in the hospitality industry? A Wholesaler is a 3rd party organization that sells hotel room nights. Wholesalers […]
What is the meaning / definition of Walk In in the hospitality industry? Sometimes, even though a hotel accepts a reservation from an […]
What is the meaning / definition of Vouchers in the hospitality industry? Voucher is a ‘coupon’ given to a guest for […]
What is the meaning / definition of Voice in the hospitality industry? The term Voice represents all kind of reservations of a hotel where the voice is […]
What is the meaning / definition of Variable Pricing in the hospitality industry? The term Variable Pricing refers to cases in which a […]
What is the meaning / definition of Valuation in the hospitality industry? The term Valuation describes the process of assessing a company’s or […]
What is the meaning / definition of Vacation Rental in the hospitality industry? A vacation rental is the renting out of a furnished […]
What is the meaning / definition of Underbooked in the hospitality industry? Underbooking is a situation that happens when a hotel has failed […]
What is the meaning / definition of Unconstrained Demand in the hospitality industry? Unconstrained demand refers to the quantity of rooms in […]