familiarization (FAM) tourA free or reduced-rate trip offered to travel professionals to acquaint them with what a destination, attraction, or supplier has to offer.
Familiarization TripA complimentary or reduced-rate travel program for travel agents, airline or rail employees or other travel buyers, designed to acquaint participants with…
FITAcronym with multiple meanings. RTM has seen it used to mean the following: -Foreign individual traveler -Frequent individual traveler -Fully independent…
Fixed CostsCosts that do not vary with the volume of business, such as property taxes, insurance, depreciation, security, and minimum water and utility fees.
Fly/drive tourA F.I.T. package that always includes air travel and a rental car and sometimes other travel components.
FolioAn itemized record of a guest’s charges and credits which is maintained in the front office until departure.
Frequent Independent Travel (F.I.T.)A custom-designed, prepaid travel package with many individualized arrangements. F.I.T. are unescorted and usually have no formal itinerary.
Fulfillment piecePromotional literature, video, or other material that is sent in response to an inquiry. Usually contains full trip planning information.
Full housea hand of three cards of the same value and two cards of another same value, irrespective of suit, e.g. 2, 2, 2, 5, 5; i.e. a three of a kind and a pair
Function roomA special room that is used primarily for private parties, banquets, and meetings. Also called banquet rooms.