Retained earnings is the net income that is retained in the business.

Retained earnings restrictions is the circumstances that make a�portion of retained earnings currently unavailable for dividends.

Retained earnings statement is a�financial statement that�shows the changes in retained earnings during the year.

The amount forfeited when a guest does not inform about their cancellation to the hotel is termed as the Retention ...

Revenue center. Revenue is generated but has little or no direct costs associated with its operation; such as the leasing ...

An operating division or department which sells goods or ser-vices to guests and thereby generates revenue for the hotel. The ...

Revenue expenditures is the expenditures that are immediately�charged against revenues as an expense.

Revenue management� is a flexible pricing policy for rooms that adjusts quickly to supply and demand;with the objective of selling ...

Revenue mix�is the ratio of sales revenue among various departments in a multi department establishment.

Revenue per available room (REVPAR) is calculated by dividing total room revenue by available rooms or by multiplying occupancy percentage ...