Hotel Terms – Boodle Hatfield – Drive.law

A&G Administrative and General expenses. See Undistributed Operating Expenses. ... read more

Adjusted Net Operating Income Net Operating Profit less FF&E Reserves – referred to in the Uniform System as EBITDA less Replacement Reserves. ... read more

ADR Average Daily Rate (see Average Room Rate). ... read more

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. ... read more

Average Room Rate or Average Daily Rate Rooms Revenue divided by the total number of rooms occupied. ... read more

Base Fee or Basic Fee Management fee payable to a hotel operator which is usually based on a percentage of revenue. ... read more

Benchmarking Comparing the performance of a hotel against other hotels in the same market. ... read more

Budget A budget that is usually produced annually by the Operator and contains budgeted revenues, expenses and capital expenditure for the forthcoming financial year. ... read more

C&B Conference and Banqueting. ... read more

C&E Conference and Events. ... read more