Examlex
____________________ is the breaking down of tissues into materials that may be reused or excreted.
Break-Even Occupancy Rate
The occupancy level at which a hotel or rental property's operating income equals its operating expenses.
Room Nights
A measure in the hospitality industry representing the number of rooms booked multiplied by the number of nights each room is reserved.
Variable Costs
Costs that change in direct proportion to changes in the level of production or sales volume.
Fixed Administration Costs
Ongoing expenses not directly tied to production or sales volume, such as salaries of executive staff and office rent.
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