Pearson New International Edition International pcl tp indd 1

Partial or full payment made for guestroom rental before the guest’s arrival.
Advance deposit account
Account used by a hotel to record prepayments by guests.
Aging accounts receivable report
Detailed list of accounts receivable based on the length
of time the receivable has been owed. Often these reports group accounts receivable into
categories of less than 30 days, 30 to 60 days, 60 to 90 days, and more than 90 days.
All-inclusive (rate)
Special rate that typically includes all guest meals and unlimited beverages
as well as the use of specifically identified hotel amenities and services.
All-suite hotel
Lodging property in which all guestrooms are suites.