Glossary of Abbreviations
Explanations of the sector-specific abbreviations used across our services.
A.Hospitality & Finance
| Abbreviation | Full form | Meaning |
|---|---|---|
| ADR | Average Daily Rate | Average daily room rate |
| RevPAR | Revenue per Available Room | Revenue per available room |
| TRevPAR | Total Revenue per Available Room | Total revenue per available room |
| GOP | Gross Operating Profit | Gross operating profit |
| EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortization | Earnings before interest, taxes, depreciation and amortization |
| ROI | Return on Investment | Return on investment |
| KPI | Key Performance Indicator | Key performance indicator |
| F&B | Food and Beverage | Food and beverage |
| SOP | Standard Operating Procedure | Standard operating procedure |
| FF&E | Furniture, Fixtures and Equipment | Furniture, fixtures and equipment |
| OS&E | Operating Supplies and Equipment | Operating supplies and equipment |
| SWOT | Strengths, Weaknesses, Opportunities, Threats | Strengths, weaknesses, opportunities, threats |
B.Information Technology
| Abbreviation | Full form | Meaning |
|---|---|---|
| BT | Bilgi Teknolojileri | Information technology |
| PMS | Property Management System | Property management system |
| POS | Point of Sale | Point of sale system |
| OTA | Online Travel Agency | Online travel agency |
| GDS | Global Distribution System | Global distribution system |
| CRM | Customer Relationship Management | Customer relationship management |
| DR | Disaster Recovery | Disaster recovery |
| IPTV | Internet Protocol Television | Internet protocol television |
| Wi-Fi | Wireless Fidelity | Wireless network connection |
| CCTV | Closed-Circuit Television | Closed-circuit television |
| UPS | Uninterruptible Power Supply | Uninterruptible power supply |
C.Technical & Engineering
| Abbreviation | Full form | Meaning |
|---|---|---|
| MEP | Mechanical, Electrical and Plumbing | Mechanical, electrical and plumbing |
| TAB | Testing, Adjusting and Balancing | Testing, adjusting and balancing |
| HVAC | Heating, Ventilation and Air Conditioning | Heating, ventilation and air conditioning |
| VRF | Variable Refrigerant Flow | Variable refrigerant flow system |
| BMS | Building Management System | Building management system |
| NFPA | National Fire Protection Association | US National Fire Protection Association standards |
| ASHRAE | American Society of Heating, Refrigerating and Air-Conditioning Engineers | Heating, refrigerating and air-conditioning engineering standards |
| EN | European Norm | European standard |
| LED | Light-Emitting Diode | Light-emitting diode |
D.Sustainability
| Abbreviation | Full form | Meaning |
|---|---|---|
| GSTC | Global Sustainable Tourism Council | Global Sustainable Tourism Council |
| ESG | Environmental, Social and Governance | Environmental, social and governance |
| LEED | Leadership in Energy and Environmental Design | Leadership in Energy and Environmental Design |
| BREEAM | Building Research Establishment Environmental Assessment Method | Building environmental performance assessment method |
E.Law & Data Protection
| Abbreviation | Full form | Meaning |
|---|---|---|
| KVKK | Kişisel Verilerin Korunması Kanunu | Turkey’s personal data protection law |
| GDPR | General Data Protection Regulation | EU General Data Protection Regulation |
| VERBİS | Veri Sorumluları Sicil Bilgi Sistemi | Data controllers registry system |