BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The Room Achievement factor is also known as Rate Potential Percentage of a hotel, is defined as the percentage of the Rack Rate that the hotel actually receives by selling their rooms. Room Achievement factor is calculated by dividing the Actual Average Rate (ARR or ADR) by the Potential Average Room Rate.

Detailed explanation-2: -Related Definitions Achievement Factor means the percentage to be used in determining a Participant’s deferred cash incentive Award for achieving a specified percentage of the pre-established Performance Objectives.

Detailed explanation-3: -Measuring Yield One of the principal computations involved in yield management is yield, which is the ratio of actual revenue to potential revenue. Actual revenue is the revenue generated by the number of rooms sold.

Detailed explanation-4: -Yield Statistic = (Actual Rooms Revenue) / (Potential Rooms Revenue) Yield Statistic = ((Rooms Nights Sold) / (Rooms Nights Available)) * ((Actual Average Room Rate) / (Potential Average Rate))

Detailed explanation-5: -Rate Spread is calculated by taking the difference between Potential Average Double Rate and Potential Average Single Rate.