Glossary of terms in the hospitality & tourism
The most important terms and abbreviations in hospitality & tourism from A – Z
In my individual glossary for the hotel and tourism industry, I share a personal selection of 300 terms and abbreviations from the world of travel. These include aspects of airlines, travel agencies, hotels and other tourism service providers that I have found particularly important in the industry over the years. The list is my subjective collection of terms and does not claim to be exhaustive, but offers an insight into the key terms used in the tourism industry.
There are currently 13 names in this directory beginning with the letter L.
L
Land arrangements
all the details of a land portion of a trip (hotel, car, tours, sightseeing, etc.).
Late Check Out
When a guest leaves the hotel later than the agreed time of departure. A fee may apply.
Lead time
the period between the time of booking and the actual arrival of the guest is called the lead time.
Load factor
the number of passengers traveling on a vehicle, vessel, or aircraft compared to the number of available seats or cabins.
Lose-it rate (walk-away rate)
refers to a rate where the hotel would be better off leaving the room unsold than sell at this rate.
