A
- AHRAverage-House Rate – Rooms revenue in relation with the number of rooms sold. Also referred to as ARR (Average Room Rate) or ADR (Average Daily Rate) in the hotel industry.
C
- Central CostsCentral Costs represent costs for corporate and regional functions, such as Executive Management, Finance, Business Development, Legal, Communication & Investor Relations, Technical Development, Human Resources, Operations, IT, Brand Management & Development, and Purchasing. These costs are incurred to the benefit of all hotels within the Rezidor group, i.e. leased, managed and franchised.
- Capital EmployedTotal assets less interest-bearing financial assets and cash and cash equivalents and non-interest bearing operating liabilities, including pension liabilities, and excluding tax assets and tax liabilities.
D
- Development BrandBrand that still is under development, and that currently does not have many hotels in operation.
- Debt/Equity RatioNet debt divided by total equity.
E
- Earnings Per
ShareProfit for the period, before allocation to minority interest divided by the weighted average number of shares outstanding. - EBITOperating profit before net financial items and tax.
- EBITDAOperating profit before depreciation and amortisation and gain on sale of shares and fixed assets and net financial items and tax
- EBITDA MarginEBITDA as a percentage of Revenue.
- EBITDAROperating profit before rental expense and share of income in associates and before depreciation and amortisation and gain on sale of shares and of fixed assets and net financial items and tax.
- Equity/Assets
RatioTotal equity divided by total assets.
F
- FF&EFurniture, Fittings and Equipment.
- Free Cash FlowCash flow from operating activities, investments, financial items and tax and the effect of restructuring measures on cash flow.
- Free Cash Flow Per ShareFree cash flow divided by the weighted average number of shares outstanding.
G
- General ManagerThis title refers to the position as hotel manager.
L
- Like-for-like
HotelsComparable hotels in operation during the same previous period compared.
N
- Net Working CapitalCurrent non-interest bearing receivables minus current non-interest bearing liabilities.
- Nordic Region
(NO)Denmark, Finland, Iceland, Norway and Sweden. Rest of Western Europe (ROWE) Austria, Belgium, France, Germany, Ireland, Italy, Luxemburg, Malta, the Netherlands, Portugal, Spain, Switzerland and the United Kingdom. Eastern Europe (incl. CIS countries) (EE) Azerbaijan, Belarus, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Slovakia, Turkey, Ukraine and Uzbekistan. Middle East, Africa and Other (MEAO) Angola, Bahrain, Brazil, China, Egypt, Ethiopia, Jordan, Kenya, Kuwait, Lebanon, Libya, Mali, Mongolia, Morocco, Mozambique, Nigeria, Oman, Qatar, Rwanda, Saudi Arabia, Senegal, South Africa, Tunisia, the United Arab Emirates and Zambia.
O
- Occupancy (%)Number of rooms sold in relation to the numbers of rooms available for sale.
- Operating Cash FlowEBITDA excluding share of income in associated companies, cash flow effect of restructuring measures and net investments and including changes in working capital and dividend from associated companies.
- Operating Cash Flow Per ShareOperating cash flow divided by average number of shares outstanding.
R
- Return on Capital Employed(ROA – Return on Assets)
Operating profit, excluding restructuring costs and impairment losses divided by average capital employed. - Return on Shareholders’ EquityProfit for the period, attributable to equity holders of the parent as a percentage of average shareholders’ equity, excluding minority interests.
- RevenueAll related business revenue (including rooms revenue, food & beverage revenue, other hotel revenue, fee revenue and other non-hotel revenue from administration units).
- RevPARRevenue Per Available Room – Rooms revenue in relation to rooms available.
- RevPAR like -for-likeRevPAR for like-for-like hotels at constant exchange rates.
S
- System-wide RevenueHotel revenue (including rooms revenue, food & beverage, conference & banqueting revenue and other hotel revenue) from leased, managed and franchised hotels, where revenue from franchised hotels is an estimate. It also includes other non hotel revenue from administration units, such as revenue from Rezidor’s print shop that prepares marketing materials for Rezidor hotels and revenue generated under Rezidor’s loyalty programs.
Y
- YieldDividend as a percentage of the market price. Regions
- AHRAverage-House Rate – Rooms revenue in relation with the number of rooms sold. Also referred to as ARR (Average Room Rate) or ADR (Average Daily Rate) in the hotel industry.
- Central CostsCentral Costs represent costs for corporate and regional functions, such as Executive Management, Finance, Business Development, Legal, Communication & Investor Relations, Technical Development, Human Resources, Operations, IT, Brand Management & Development, and Purchasing. These costs are incurred to the benefit of all hotels within the Rezidor group, i.e. leased, managed and franchised.
- Capital EmployedTotal assets less interest-bearing financial assets and cash and cash equivalents and non-interest bearing operating liabilities, including pension liabilities, and excluding tax assets and tax liabilities.
- Development BrandBrand that still is under development, and that currently does not have many hotels in operation.
- Debt/Equity RatioNet debt divided by total equity.
- Earnings Per
ShareProfit for the period, before allocation to minority interest divided by the weighted average number of shares outstanding. - EBITOperating profit before net financial items and tax.
- EBITDAOperating profit before depreciation and amortisation and gain on sale of shares and fixed assets and net financial items and tax
- EBITDA MarginEBITDA as a percentage of Revenue.
- EBITDAROperating profit before rental expense and share of income in associates and before depreciation and amortisation and gain on sale of shares and of fixed assets and net financial items and tax.
- Equity/Assets
RatioTotal equity divided by total assets. - FF&EFurniture, Fittings and Equipment.
- Free Cash FlowCash flow from operating activities, investments, financial items and tax and the effect of restructuring measures on cash flow.
- Free Cash Flow Per ShareFree cash flow divided by the weighted average number of shares outstanding.
- General ManagerThis title refers to the position as hotel manager.
- Like-for-like
HotelsComparable hotels in operation during the same previous period compared. - Net Working CapitalCurrent non-interest bearing receivables minus current non-interest bearing liabilities.
- Nordic Region
(NO)Denmark, Finland, Iceland, Norway and Sweden. Rest of Western Europe (ROWE) Austria, Belgium, France, Germany, Ireland, Italy, Luxemburg, Malta, the Netherlands, Portugal, Spain, Switzerland and the United Kingdom. Eastern Europe (incl. CIS countries) (EE) Azerbaijan, Belarus, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Slovakia, Turkey, Ukraine and Uzbekistan. Middle East, Africa and Other (MEAO) Angola, Bahrain, Brazil, China, Egypt, Ethiopia, Jordan, Kenya, Kuwait, Lebanon, Libya, Mali, Mongolia, Morocco, Mozambique, Nigeria, Oman, Qatar, Rwanda, Saudi Arabia, Senegal, South Africa, Tunisia, the United Arab Emirates and Zambia. - Occupancy (%)Number of rooms sold in relation to the numbers of rooms available for sale.
- Operating Cash FlowEBITDA excluding share of income in associated companies, cash flow effect of restructuring measures and net investments and including changes in working capital and dividend from associated companies.
- Operating Cash Flow Per ShareOperating cash flow divided by average number of shares outstanding.
- Return on Capital Employed(ROA – Return on Assets)
Operating profit, excluding restructuring costs and impairment losses divided by average capital employed. - Return on Shareholders’ EquityProfit for the period, attributable to equity holders of the parent as a percentage of average shareholders’ equity, excluding minority interests.
- RevenueAll related business revenue (including rooms revenue, food & beverage revenue, other hotel revenue, fee revenue and other non-hotel revenue from administration units).
- RevPARRevenue Per Available Room – Rooms revenue in relation to rooms available.
- RevPAR like -for-likeRevPAR for like-for-like hotels at constant exchange rates.
- System-wide RevenueHotel revenue (including rooms revenue, food & beverage, conference & banqueting revenue and other hotel revenue) from leased, managed and franchised hotels, where revenue from franchised hotels is an estimate. It also includes other non hotel revenue from administration units, such as revenue from Rezidor’s print shop that prepares marketing materials for Rezidor hotels and revenue generated under Rezidor’s loyalty programs.
- YieldDividend as a percentage of the market price. Regions
