Here you will find my opinion articles
What is the meaning / definition of Heads in Beds in the hospitality industry? Of course, any hotel’s aim is to maximise profits. The best way to do this is to make as [...]
What is the meaning / definition of HCD in the hospitality industry? HCD stands for: Hotel Content Database. HCD, formerly (ODD – Online Distribution Database), is a content database service offered by Pegasus Solutions. [...]
What is the meaning / definition of Group Rate in the hospitality industry? Hotels that frequently accept bookings from groups can offer reservations at a specially negotiated rate. This is called a Group [...]
What is the meaning / definition of Group Displacement in the hospitality industry? Group bookings can help increase profits for hotels, but (perhaps surprisingly) not always! Sometimes reserving rooms for a group booking [...]
What is the meaning / definition of Gross Revenue in the hospitality industry? Gross Revenue refers to the total sales made by a business. It thereby highlights a business’s ability to sell products [...]
What is the meaning / definition of Gross Profit in the hospitality industry? Gross Profit is the profit a company makes after deducting the costs of production (or the costs that allow the [...]
