What does folio balance mean in the hotel?

refers to the detailed reflection of guests' consumption in the hotel, and refers to the printed list with consumption catalogue and price.

Folio (hotel printed bill) is a note used to record the details of special business transactions between the hotel and the guests during the interaction with them.

Hotel terminology:

Accommodation: a place provided for sleeping and resting.

Adjoining Room: refers to two rooms that are adjacent to each other.

Advanced Deposit: the guest pays a straight deposit to the hotel in advance to ensure a room.

Advance Payment: according to the financial regulations and relevant regulations of the hotel, the front desk clerk requires the guests to pay the room rate and unpredictable expenses in advance, such as cash ...

Amenity: refers to some gifts provided by the hotel to the in-house guests free of charge, such as fruits, flowers or drinks.