Introduction To Name :Mr. Ronit Rajendra Kharade (Assistant Professor & TPO)
ADR (Average Daily Rate) or ARR (Average Room Rate) ARR or ARD is a measure of the average rate paid for the rooms sold, calculated by dividing total room revenue by rooms sold.
APC (Average Per Cover) APC is the revenue you generate from each guest who walks into your restaurant. This means if you have a 50-seater restaurant and want to earn a daily revenue of 15,000, assuming you are open for lunch and dinner-your APC will need to be 150.
YTD – (Year to date) YTD refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date. YTD information is useful for analyzing business trends over time or comparing performance data to competitors
QTD ( Quarter-to-Date) Quarter-to-date is a period starting at the beginning of the current quarter and ending at the current date. Quarter-to-date is used in many contexts, mainly for recording results of an activity in the time between a date and the beginning of either the calendar or fiscal quarter.
MTD (Month-To-Date) Month-to-date is a period starting at the beginning of the current calendar month and ending at the current date. Month-to-date is used in many contexts, mainly for recording results of an activity in the time between a date and the beginning of the current month.