The term IT HAS ITS RESERVATIONS can be solved by the crossword answer HOTEL, which is a five-letter word. A HOTEL is an establishment that provides lodging and other services to travelers and tourists. Hotels typically offer a range of accommodations, from basic single rooms to luxurious suites. They may also provide amenities such as restaurants, swimming pools, and fitness centers. The phrase IT HAS ITS RESERVATIONS is often used to express skepticism or caution about something, suggesting that there may be some drawbacks or risks associated with it.