RevPAR: Revenue Per Available Room Definition: A metric used to assess how well a hotel has managed their inventory and rates to optimize revenue. Example:...
ADR: Average Daily Rate Definition: The number represents the average rate paid for rooms sold in a given time period. Example: ADR = Rooms...
BAR: Best Available Rate Definition: A commonly used base rate upon which all other priced segments are based. Example: Lowest discounted rate available for...
RFP: Request for Proposal Definition: Is a document that solicits proposal, often made through a bidding process, by an agency or company interested in...
ROI: Return on Investment Definition: Is a ratio between the net profit and cost of investment resulting from an investment of some resources. A high ROI...
POS: Point of Sale Definition: An outlet in the hotel that generates income. Example: A restaurant or Marketplace in your hotel. References: https://hotelterminology.wordpress.com
GOPPAR: Gross Operating Profit Per Available Room Definition: It gives greater insight in the actual performance of a hotel than the most commonly used RevPAR as it not only...
EBITA: Earnings Before Interest, Taxes, Depreciation, Amortization Definition: An accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation, and amortization are subtracted, as...
TRevPAR: Total Revenue Per Available Room Definition: Is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a...
FF&E: Furniture, Fixtures, and Equipment (Accounting) Definition: Is an accounting term used in valuing, selling, or liquidating a company or a building. Example: Movable furniture, fixtures,...