We use a number of key performance indicators (KPIs) to measure the performance of our business and report on them quarterly.
Hotels/rooms in operation
The number of hotels/rooms operating under any of our brands.
Hotels/rooms under development (pipeline)
The number of hotels/rooms officially signed with no condition precedent due to open within the next three to four years.
Number of rooms sold in relation to the number of rooms available for sale.
Revenue Per Available Room: Rooms revenue in relation to rooms available.
All related business revenue (including rooms revenue, food & beverage revenue, other hotel revenue, fee revenue and other non-hotel revenue from administration units).
EBITDAR and EBITDAR Margin
Operating 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. The EBITDAR margin is EBITDAR as a percentage of Revenue.
EBITDA and EBITDA margin
Operating profit before depreciation and amortisation and gain on sale of shares and fixed assets and net financial items and tax. The EBITDA margin is EBITDA as a percentage of Revenue.