A type of United Kingdom employment contract where employees have no guaranteed hours of work but must agree […]
A period of calculation that begins at the start of a calendar or fiscal year and extends to […]
Include rooms occupied by those with reservations at rack, corporate, corporate negotiated, package, government, or foreign traveler rates. […]
A RevPAR (yield) index measures a hotel’s fair market share of their segment’s (competitive set, market, submarket, etc.) […]
An index designed to measure a hotel’s share of the segment’s (comp set, market, tract, etc.) demand (demand […]
Hotels located in the same market and classified in the same chain-scale segment as the subject hotel are […]
Location segments are hotel classifications driven by physical location. Chain management has provided us with location classifications for […]
The discount rate often used in capital budgeting that makes the net present value of all cash flows […]
Hotel classifications are driven primarily by rebuilding structure and, secondarily, by service level. Chain management has provided STR […]
The HOST (Hotel Operating Statistics) Almanac contains information on hotel revenues and expenses broken down by departments including […]