Franchise

Franchise

The right to market a service and/or product often exclusive for a specified area, as granted by the manufacturer, developer or distributor in return for a fee: prevalent in the fast food industry but increasingly adopted within the hotel community.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Travel; Tourism & hospitality
Category: Hotels
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

franchise

Retail; Supermarkets

A contractual agreement on a brand, service, name, operation or procedure.

franchising

Banking; Investment banking

System under which a licence is granted to manufacture or market a product or service for which the equipment or supplies are manufactured and furnished by the franchisor. The ...

franchising

Professional careers; Sales

An arrangement in which a supplier grants a dealer the right to sell a product in return for some percentage of the total sales, typically, the supplier provides buildings and ...

franchise

Professional careers; Sales

A business model where a franchisee purchases the right to trade in goods or services, within the terms of a franchise agreement.

franchise

Tourism & hospitality; Hotels

The right to market a service and/or product often exclusive for a specified area, as granted by the manufacturer, developer or distributor in return for a fee: prevalent in the ...

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Economy; Economics

an arrangement in which a supplier grants a dealer the right to sell a product in return for some percentage of the total sales; typically, the supplier provides buildings and ...

star ratings

Tourism & hospitality; Travel; Hotels; Hotels

A system to rank hotels based on the quality of facility and service. The star ratings are 1 through 5 with a five start hotel being the best, or a luxury hotel. There is no ...

morning call

Tourism & hospitality; Travel; Hotels; Hotels

A morning call is a call that the hotel gives you in the morning to help you wake up. Most English speakers would say it is a wake up call.

Atlantis Resort (Dubai)

Travel; Hotels

Dubai has purchased the famous Atlantis resort that was once owned by Kerzner International Holdings, Ltd. The resort, located atop Dubai's palm-shaped island (Palm al Jumeira), ...

registration card

Tourism & hospitality; Hotels

A form on which arriving guests record their names, addresses, and other details including mode of transportation used, nationality, purpose of visit (usually business or ...

press/publicity release

Tourism & hospitality; Hotels

A news article or feature story written by the subject of the story for delivery and potential placement in the media.

person trip visit

Tourism & hospitality; Hotels

Every time a person travels more than 100 miles (round-trip) in a day or stays overnight away from their primary domicile, whether for business or leisure purposes, they make one ...