noun Slang.

a cheap, run-down hotel or rooming house.
any shabby or low-grade public establishment.
a worthless racehorse.
a dog, especially one that is flea-ridden.
a bed.

Origin of fleabag

First recorded in 1825–35; flea + bag
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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noun slang

British a dirty or unkempt person
US a cheap or dirty hotel
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012