The bill will be sent to their respective office address for necessary payments. But they are allowed to enjoy hotel services on credit basis. In this folio credit financial transaction made by guest who are not staying in the hotel. You may also like Room rate in Hotel 14 Types & Many more Non-guest folio Master folios are particularly useful for group bookings, conferences, and events, where multiple rooms and services are booked and paid for by a single entity. This allows the guest(s) to make a single payment at the end of their stay, rather than having to pay for each individual service separately.
It contains all the necessary information about group guest, room no’s, mode of bill settlement. Master folio created for group guest or more than one guest.