Operating department is a department concerned with a particular segment of a business such as rooms or food.

Operating expenditures are the costs incurred in order to generate revenue in the normal course of doing business.

Operating leverage is the relationship between fixed and variable expenses. high fixed expenses compared to variable expenses indicate high operating ...

Operating ratios is the key business ratios (such as restaurant seat turnover and guest room occupancy percentage) that are often ...

Operating time period is the period of time for which a business reports the financial condition and profitability of its ...

Operational effectiveness is the ability of a manager to control costs and meet profit goals.

Operational reports are the operational data on critical financial aspects of hotel operations.

Opportunity cost is the cost of not doing something. If a company does not invest surplus cash; the interest income ...

Optimal occupancy means achieving 100 percent occupancy with room sales that will yield the highest room rate.

Optimal room rate�is�a room rate that approaches the rack rate.