Hotel Glossary Terms
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A tag or badge bearing the name of the wearer or attached to an object and bearing the name of its owner.
Name given to oysters reared in beds such as at Colchester.
Natural Toxicants is the Poisonous substances that are found naturally in foods. Natural toxicants are benign when taken in normal quantities.
Rich stew made with cheap cuts of mutton, usually garnished with potatoes and spring vegetables.
|Net income to sales revenue ratio||
Net income to sales revenue ratio is net income divided by sales revenue and multiplied by 100.
|Net present value (NPV)|
|Net return on assets|
|Net worth ratio|
|Night Audit / Income Auditor / Accounts Coordinator||
Night Auditors get their name because of the hours they work. At the end of the day after most hotel guests have retired, these auditors begin recording charges to guests’ accounts and verifying the revenue for the hotel. However, with computers and various technologies, the hotel industry can post charges instantaneously. Some hotels have actually changed the night auditors to become day auditors.