Why is EBITDA a key performance indicator when assessing a hotels financial performance?

Select one:

a.

It is the Earnings Before Income Taxes, Depreciation & Amortization

b.

It is the Earnings Before Interest, Taxes, Deductions & Amortization

c.

it is the earnings after deducting all operating expenses and fixed charges and represents the operating net profit for the hotel

d.

it is the best indicator of how the Gross Operating Profit has been impacted by occupancy