To accept more rooms than there are available. This is done to ensure 100% occupancy, allowing for cancellations, no-shows and early departures.
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PAX Means No of persons in hotel industry
The full form of BTC in hotel industry is "bill to Company". all-asia-travel.com
FIT in hotel industry means Free Individual Tour
FIT in hotel industry means Free Individual Tour
FIT
KOT, Keep on Track. KOT, Kitchen Order Ticket (hotel industry)
Foreign free individual trevel
CPI = Consumer Price Index.
In the hotel industry, TAC stands for "Total Available Commercial." It refers to the total potential revenue that can be generated from a hotel's available rooms and services. This metric is crucial for assessing the financial performance and operational efficiency of a hotel.
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OOO in the hotel industry means "Out of Order."