by Ray Hader | May 1, 2023
Displacement Calculations are used in hotel revenue management cost-benefit analysis. They are a calculation of the value of a group bookings versus the value of transient (or walk-in) bookings. Making these calculations requires day-to-day analysis of how a hotel’s...
by Ray Hader | May 1, 2023
EBITDA is an acronym that stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a good indicator of a hotel’s financial performance and allows revenue managers to compare hotel profitability against competitors or sister properties. What is...
by Ray Hader | May 1, 2023
EBITDAR stands for Earnings Before Interest, Taxes, Depreciation and Amortization, and Restructuring or Rent Costs. Like EBITDA, it is a key metric for evaluating a hotel’s profitability and performance. However, EBITDAR is more widely used for hotels or properties...
by Ray Hader | Oct 31, 2023
Expense Management involves the organized control and oversight of all financial outflows associated with owning and maintaining a property or real estate portfolio. This includes tasks such as budgeting, tracking, and optimizing various property-related costs,...
by Ray Hader | Oct 31, 2023
Expense Ratio refers to a financial metric that assesses the efficiency of managing and operating a rental property. Put simply, it calculates the proportion of a property’s total operating expenses relative to its total rental income. Typically expressed as a...
