Glossary & framework library

Feeder market

Hospitality

Reference

The source cities or countries that supply a destination's guests; for Gulf and Egyptian resorts the classic feeders are the UK, Germany, Russia, and increasingly GCC domestic travellers.

Related terms

  • Franchise agreement

    A deal to operate a hotel under a brand name and standards for a fee.

  • GOPPAR

    Gross Operating Profit per Available Room, a profitability measure for hotels.

  • Incentive fee

    The share of profit an operator earns above the base management fee, typically a percentage of GOP or a level tied to owner returns; it aligns the operator wit…

  • Key money

    An upfront payment or capital contribution a brand makes to an owner to win a management or franchise deal, common in competitive Gulf markets where operators…

  • Keys

    Industry shorthand for the number of hotel rooms in a property.

  • Management contract

    An arrangement where an operator runs a hotel for a fee while the owner retains ownership.

  • Market penetration index (MPI)

    A hotel's occupancy divided by its competitive set's occupancy, indexed to 100; it isolates share of demand (heads in beds) separately from rate performance.

  • Occupancy

    The share of available rooms sold in a period.