- Definition: A comparison of metrics between a specific date and the same date one year earlier. Often presented as a percentage change.
- Example: If a company reported earnings-per-share of $11.00 in fiscal 2019 and earnings-per-share of $10.00 in fiscal 2018, it would have achieved year-over-year growth of 10%. (The math: $11/$10 – 1 = .01 = 10%).
.Reference: www.hotelnewsnow.com/Articles/6217/Hotel-Industry-Terms-to-Know