Net Operating Income or Net Operating Profit See EBITDA ... read more
Net Rate A wholesale rate to be marked up by the Wholesaler before being offered to the customer at a higher rate. ... read more
No show A guest with a reservation who fails to arrive. ... read more
NOI Net Operating Income (see EBITDA) ... read more
Non-Disclosure Agreement (NDA) Also called a Confidentiality Agreement, a Non-Disclosure Agreement is a commitment by a potential investor or purchaser to keep confidential information that a target company provides about its business. If the investor or purchaser is al... read more
Non-Disturbance Agreement An agreement between the hotel’s owner, its operator and the owner’s lending bank under which the bank agrees that if the owner defaults under its loan and the bank enforces its security, the bank will keep the Management Agreement in ... read more
Non-Operating Income Income included within Non-Operating Income & Expenses in the Uniform System and includes cost recovery income (e.g. from common area maintenance), interest, income on capital reserve accounts and income generated by the building that ... read more
NPV Net Present Value – Discounted cash flow concept for measuring project profitability. ... read more
Non-Operating Income & Expenses Under the Uniform System these include Non-Operating Income, rent, property & other taxes, insurance and other non-operating expenses. Also referred to as RPTI. ... read more
NOP Net Operating Profit (see EBITDA). ... read more

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