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What is the meaning /definition of Demand in the hospitality industry? By Demand, we mean the level of consumer interest and need: demand for beds, demand for family rooms, demand for conferencing, event space, rentable scuba diving gear… If a manager asks a chef: ‘Jacques, did you serve a lot of [...]

What is the meaning / definition of Discounted Cash Flow in the hospitality industry? DCF stands for: Discounted Cash Flow The term Discounted Cash Flow refers to a valuation method utilized when establishing the future value of an investment, based on the cash flow it is forecasted to generate in the [...]

What is the meaning / definition of Days Before Arrival in the hospitality industry? DBA stands for Days Before Arrival. It’s the number of days remaining before the expected arrival date of guests. This is often used in policies in regards to cancelation or prepayment to identify from which point in [...]