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Bangkok Hotel Glossary
ACTUAL BEVERAGE COST PERCENTAGE:
Net beverage cost divided by total bar sales.
AD VALOREM TAX:
A tax based on the assessed value of the asset itself, usually a fixed percentage of the value.
ADDITIVE:
Anything added to a product that is not strictly necessary for making the product, but which facilitates the production or enhances certain qualities considered desirable by the producer. For example, brewers use additives to produce a more stable and softer foam, greater clarity, and other qualities.
ADJOINING ROOMS:
Guestrooms located side by side without a connecting door between them.
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