PiP (Product Improvement Plan)
PiP (Product Improvement Plan)
Glossary Hotel operations management
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Definition of pip (product improvement plan)
PiP (Product Improvement Plan): A document detailing the property upgrades and replacements that will be required if a hotel is to be accepted as one of a specific brand's franchised properties. Used, for example, in "We estimate the PIP on the property to be $4,000,000 if we decide to go with that brand."
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Glossary Hotel operations management
Glossary Hotel operations management index of terms
Definition and meaning of pip (product improvement plan)
Meaning of pip (product improvement plan)
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