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Does accounting terminology have your head spinning? Baird/STR Hotel Stock Index - The R. W. Baird/STR Hotel Stock Index was set to equal 1,000 on 1 January 2000 as its starting point.

We’re here to help with this handy list that defines the most common accounting terms, acronyms and abbreviations. ĞÏࡱá > şÿ p r şÿÿÿ o ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿì¥Á 5@ ğ¿ sF bjbjÏ2Ï2 l ­X ­X Î= ¤ ÿÿ ÿÿ ÿÿ ˆ ¨ ¨ ¨ The Xotels Glossary explains hotel vocabulary and terminology. Cost of Goods Sold) or that expires due to the passage of time (ex. Intelligent Hotels: Hotels that use state of the art technology to run operations. 5; 7; 7; 7; 7; 7; 7; $ ¨. The index reached its peak of 3,178 on 5 July 2007. We explain the meaning of 500+ words, terms and acronyms. Hotels follow the general principles of accounting, but due to the unique nature of guest accounting, hotel accounting departments use terms that may not be familiar to … –. –.

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| Ò ¶; ò –. –. In the accounting terminology, expense is an income statement account representing the cost of items consumed in the process of generating revenue (ex. –. ² ¾ ¾ ¾ Ò ú- ú- ú- ú- . InterActiveCorp (IAC): A U.S. company that owns various online travel-related businesses. Hotel Speak translates the language of hotels - our A-Z of hotel industry jargon should help interpret the language & terminology used in hospitality. Introduction to Hotel Accounting: We all know that the main business of a hotel is to provide food and accommodation (i.e., shelter). The index’s lowest point occurred on 6 March 2009, when it dropped to 573. HOTEL EXPENSE ACCOUNTING. Inventory (relative to hotel distribution): Rooms available the hotel has to sell across all channels. Depreciation Expense). –. But there are some big hotels who provide other comforts, recreations, entertainments, business facilities etc.

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