Booking Curves

Booking Curves are visual representations that display how hotel bookings occur over a certain period of time. These curves are usually displayed in graph form and can include several data items, including room pickup, bookings, and availability. The data that is...

Building Class

A Building Class is a categorization system used in real estate to classify commercial properties based on their quality, location, and overall desirability. It helps investors, tenants, and property managers to quickly assess a building’s characteristics and...

Building Safety Manager

A Building Safety Manager is responsible for upholding safety standards within a building. Building safety managers oversee emergency plans, fire safety measures, security protocols, and tenant well-being. Their role involves compliance with regulations, conducting...

Cap Rate

Capitalization Rate, also known as Cap Rate, is a fundamental financial metric used to assess the potential return on investment for a property. Cap Rate calculated by dividing the property’s net operating income (NOI) by its current market value. Put simply,...

Capital Improvement

Capital improvements refer to significant investments made in a property to enhance its value, functionality, or appearance. These improvements involve substantial spending and focus on long-term benefits. Examples of capital improvements include, but are not limited...