Forex

Term ‘forex’ stands for a foreign currency exchange/currency conversion. This is a facility provided by the hotels to their resident ...
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Four-step training method

Four-step training method -� A training model used to implement an on-the-job training program. The four steps are prepare; present; ...
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Franchise (license)

Franchise (license) is a�contractual arrangement under which�the franchisor grants the franchisee the right to sell certain products; render specific services; ...
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Franchise cost

Franchise cost is the cost to purchase the right to use the name and/or services of another organization.
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Franchisee

Franchisee is a hotel owner who has access to a national reservation system and receives the benefits of the corporations ...
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Franchising

Franchising is a�contractual agreement between a franchiser and a franchisee that allows the franchisee to operate a retail outlet or ...
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Free Sale

Term used when room are available for sale.
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Freeze-Drying

Freeze-Drying is a�process that removes moisture from a food product through freezing and sublimation techniques. Through sublimation; a phase change ...
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Frequency Schedule

Frequency Schedule: A schedule that indicate how often each item on an area to be cleaned or maintained.
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Fresh look

Fresh look are the inspection conducted by people not regularly associated with an area. allows for observing and reporting deficiencies ...
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