Hotel Revenue & Management Blog

What is the meaning / definition of Key Money in the hospitality industry? Also known as a security deposit, Key Money is a payment to a landlord, payed in order to secure a lease. In some cases the term may be implied as bribe to the landlord. Synonyms: Security Deposit

What is the meaning / definition of Internal Rate of Return in the hospitality industry? IRR stands for: Internal Rate of Return. The Internal Rate of Return is a financial indicator, used to determine the attractiveness of an investment or project. It can be defined as the percentage rate earned on each dollar invested, in a defined period of time. [...]

What is the meaning / definition of Inventory in the hospitality industry? The number of rooms available for a hotel to sell or distribute across all channels is called an Inventory. An Inventory makes it possible to control what type of rooms and how many you make available to a particular market segment. Sometimes, a hotel may want to make [...]