Traditional Culture Encyclopedia - Hotel accommodation - List of hotel management abbreviations and technical terms

List of hotel management abbreviations and technical terms

1. Average daily price.

2.ARR- average house price

3.B2B- Business to Business

4.B2C- Business to Consumer

5. Central reservation system

6.CRM- Customer Relationship Management

7. Profit before interest, tax, depreciation and amortization (EBITDA)

8. F&B-Food and Services

9. Total operating profit

10.KPI- key performance indicators

1 1.OTA- Online Travel Agency

12.PMS- Property Management System

13.RFP- Request for Proposal

14.RevPAR- revenue per available room.

15.ROI- return on investment

16.ROR- manager's income return.

17.trev par- total revenue per available room.

18.trev PAM- total revenue per available room.

19. Virtual reality