Hotel Acronyms Aren’t as Bad as You Think
IBE, PMS,CTA, ADR… lost in the world of hotel acronyms? You’re probably not alone. So, we’ve put this handy guide of key acronyms you’ll come across as a hotelier. ADR (or ARR): Average Daily Rate, or Average Room Rate. It is calculated by dividing the revenue generated from hotel rooms sold by the total number […]
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