debt subordination
The ranking of the payment priority of the debt, either through contractual subordination, where senior creditor and junior creditor agree by contract [...]
operational strategy
A plan of action implemented by a firm that describes how it will employ its resources in the production of a product or service, to drive its operati [...]
new market
A domestic or foreign market where a firm does not yet sell its products and services, requiring a strategy for entry. [...]
existing market
A well-defined market with existing customers and known competitors, where the firm already sells its products and services. [...]
revenue per available room
The actual lodging revenue per available room, calculated by multiplying the occupancy rate (OCC) by the average daily rate (ADR) or rooms revenue div [...]
economic value
The net present value of future flows of revenue when calculated through discounted cash flow analysis or of net operating income (NOI) when using a w [...]
