(1). The ridiculous corporate practice of punishing your employees by assigning them a new desk each day. One day, you’re sitting next to the hot babe from HR, and the next, it’s Earl from Data Management Tech who likes to sing along to the soft rock station he’s streaming on his Toughbook.
“So, our company started hoteling last month. It’s supposed to foster the exchange of ideas across different areas of the firm. The only problem is – all we talk about is how much we hate hoteling.”
(1). Funds placed in relatively safe, income-oriented investments, intended to convince a conservative-minded client to invest other money in much more risky (read: expensive) investment than they otherwise would.