Definition: A metric used to assess how well a hotel has managed their inventory and rates to optimize revenue. Example:...

Definition: The number represents the average rate paid for rooms sold in a given time period. Example: ADR = Rooms...

Definition: A commonly used base rate upon which all other priced segments are based. Example: Lowest discounted rate available for...

Definition: Is a document that solicits proposal, often made through a bidding process, by an agency or company interested in...

Definition: Is a ratio between the net profit and cost of investment resulting from an investment of some resources. A high ROI...

Definition: An outlet in the hotel that generates income. Example: A restaurant or Marketplace in your hotel. References: https://hotelterminology.wordpress.com

Definition: It gives greater insight in the actual performance of a hotel than the most commonly used RevPAR as it not only...

Definition: An accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation, and amortization are subtracted, as...

Definition: Is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a...

Definition: A computerized system used by hotels to maintain hotel information, inventories, and to manage the reservation process. Example: ChoiceEDGE...