Here you will find my opinion articles
What is the meaning / definition of Markup in the hospitality industry? Within revenue management in the hotel industry Markup is used to refer to the amount an OTA increases your net room [...]
What is the meaning / definition of Market Led Pricing in the hospitality industry? The term Market Led Pricing refers to a pricing strategy, that orients itself upon the current market conditions, such [...]
What is the meaning / definition of Margin in the hospitality industry? Within revenue management in the hotel industry, Margin is often used to refer to the commission or fee OTA are making [...]
What is the meaning / definition of Luxury Hotel in the hospitality industry? A Luxury Hotel is considered a hotel that provides a luxurious accommodation experience to the guest. There are no set [...]
What is the meaning / definition of Last Room Value in the hospitality industry? The term Last Room Value (LRV), refers to the maximum revenue a hotel can expect to make from the [...]
What is the meaning / definition of Length of Stay in the hospitality industry? LOS stands for Length of Stay. Figure derived by dividing the number of room nights by the number of [...]
