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OCCUPANCY (OCC. %) (OCC RATE)  look up translate image
Refers to the percentage of available hotel rooms occupied for a fixed period of time. This is equal to the number of rooms occupied for a given period divided by the number of rooms available for the same period of time. This is expressed in terms of percentage.
ONE STAR HOTEL  look up translate image
Inexpensive & cheap low budget hotels with no service for daily maid & room service available most of the time.
OVERBOOKING  look up translate image
A term used to describe a condition when excess room reservations are taken by a hotel than what it can accommodate. Overbooking may have adverse marketing effects on most stakeholders.
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Hotel terms
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Created by admin
Created on 2011-05-03 06:08:34
Number of terms 91
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