A to Z - Glossary Of Hotel Management Technical Terms | Hotel Dictionary | Hotel Jargons | Hotel Lingo | Key Hotel Terms | Front Office Key Terms | F&B Service Key Terms | Kitchen and Food Production Key Terms | Housekeeping Key Terms | All Hotel Department Key Terms and Jargons
The International Air Transport Association (IATA) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for the airline, IATA also organised tariff conferences that served as a forum for price-fixing.
|In Room Guest Console|
|In Room Movie System||
|In-room guest checkout|
What is an Incentive program in Hotel Industry?
A program offering special recognition and rewards to employees based on their ability to meet certain conditions. These programs vary in structure and design and are a way to award exceptional performance beyond the paycheck.
Travel financed by a business as an employee incentive.
Income statement is a report on the profitability of operations, including revenues earned and expenses incurred in generating the revenues for the period covered by the statement.
|Independent Food Service Operation|
A hotel with no chain or franchise affiliation. It may be owned by an individual proprietor or a group of investors.
Independent hotel is a hotel that is not associated with a franchise.
The hotels organisational process to familiarise a new recruit to the organisation and workplace.