A&G
Administrative and General expenses. See Undistributed Operating Expenses. ...
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Adjusted Net Operating Income
Net Operating Profit less FF&E Reserves – referred to in the Uniform System as EBITDA less Replacement Reserves. ...
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ADR
Average Daily Rate (see Average Room Rate). ...
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Aggregators
Websites that use feeds from multiple online sources, including OTAs and hotel or travel company websites, to display a wide choice of pricing and sources. Examples include Kayak and Trivago. ...
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Average Room Rate or Average Daily Rate
Rooms Revenue divided by the total number of rooms occupied. ...
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Base Fee or Basic Fee
Management fee payable to a hotel operator which is usually based on a percentage of revenue. ...
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Benchmarking
Comparing the performance of a hotel against other hotels in the same market. ...
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Budget
A budget that is usually produced annually by the Operator and contains budgeted revenues, expenses and capital expenditure for the forthcoming financial year. ...
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C&B
Conference and Banqueting. ...
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C&E
Conference and Events. ...
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