Htm 3060 Final Flashcards
1
Q
APR
A
Average Published Rate
2
Q
CRS
A
Central Reservation System
3
Q
DCR / DSCR
A
Debt Coverage Ratio / Debt Service Coverage Ratio
4
Q
GDS
A
Global Distribution System
5
Q
Limited vs Full service difference
A
F&B is reported in full-service
6
Q
MICE
A
Meetings, Incentives, Conference, Events
7
Q
PMS
A
Property Management System
8
Q
RMS
A
Revenue Management System
9
Q
TQM
A
Total Quality Management
10
Q
Canadian Market:
Occ? ADR? RevPAR?
A
Occ. 65%
ADR $155-165
RevPAR $100-118
11
Q
A