Page 43 - Newsletter-Hotel & Hospitality industry

QUARTERLY RESULTS - ASIAN HOTELS (NORTH) LIMITED

Asian Hotels (North) Limited (AHNL) has depreciation and tax declined by 91 percent to
t announced net loss at Rs1.79 crore for the Rs2.44 crore. AHNL's equity capital was at
quarter ended Mar 2018. The company's Rs19.45 crore, share price as on 11 Jun 2018,
h sales increased by 11 percent to Rs77.02 Rs260. The company's shares of face value

crore. AHNL's operating profit was at Rs10 each, recorded 52-week high/low prices
g Rs29.08 crore and profit before of Rs335/111.

i
s

n ‘Language Matters: The Jargon Buster'

I what OTA (Online Travel Agents) typically
s How Well Does The stands for with 3% guessing 'Opaque Travel
H o t e l I n d u s t r y

Understands Its Own Agents'.
s Jargon? RevPAR (or Revenue Per Available Room)

proved tricky too – 40% of participants didn 't
e The 'Hotel Language Quiz ' from Hotel Speak know what this stood for.

launched in February 2016 and ended in
n September 2017. During this time, a total of Only 56% of participants knew that
Worldspan, Galileo and Amadeus are
i 973 people completed the quiz and we
typically known as types of GDS (Global
thought it would be fun to take a look at the
s results to see just how well the industry Distribution Systems)

u 'speaks hotels'. Struggling with the language of the hotel
!
industry? Check out our Hotel Jargon Buster
The Results
B Of the 973 who completed the quiz, the The Questions

average score was an impressive 72%, with 1. Within hospitality, what does ADR
a an average time spent on the quiz of just over Ÿ Average Daily Rate – 79%
commonly stand for?
11 minutes.
Ÿ Additional Day Rate – 8%
i
The most commonly known term was F&B Ÿ Advance Daily Rate – 7%
d (Food & Beverage) – 93% answered Ÿ Advance Dinner Reservation – 6%

correctly. 2. We need to improve our F&B revenue…
n The least commonly known term was RDR what does F&B stand for?

Ÿ Food & Beverage – 93%
I (Residential Delegate Rate) – only 34% Ÿ Front & Back – 3%
answered correctly
Ÿ Free & Booked – 2%
Surprisingly, 16% of participants didn 't know Ÿ First & Best – 2%