Here you will find my opinion articles
What is the meaning / definition of EBITDAR in the hospitality industry? EBITDAR stands for: Earnings Before Interest, Taxes, Depreciation, Amortisation, and Rent It is the same calculation as EBITDA, with the exception [...]
What is the meaning / definition of EBITDA in the hospitality industry? EBITDA stands for: Earnings Before Interest, Taxes, Depreciation and Amortization. This KPI is used to determine how profitable a company or [...]
What is the meaning/definition of Early Bird Discount in the hospitality industry? Hotels can increase advanced bookings by offering something called an Early Bird Discount. This is a type of promotion that many [...]
What is the meaning / definition of E-commerce in the hospitality industry? E-commerce is also known as Electronic Commerce (or EC). It refers to commercial transactions conducted electronically on Internet. It means basically [...]
What is the meaning / definition of Dynamic Pricing in the hospitality industry? A rate offered on online travel agencies sites, that allows hotels to boost sales by selling a certain amount of [...]
What is the meaning / definition of Dynamic Pricing in the hospitality industry? Successful hotels around the world aim for optimum profitability at all times. There are lots of things a hotel can [...]
