T

This month vs. last month

Amount of growth - positive, negative or flat - this period versus the last reporting month. Calculated as ((TM-LM)/LM)*100.

This year vs. last year

Amount of growth - positive, negative or flat - this period versus the same period last year. Calculated as ((TY-LY)/LY)*100.

Timeshare

Property that typically is a resort condominium unit, in which multiple parties hold property use rights, and each timeshare owner is allotted a period of time when the property may be used.

Total revenue

Revenue from all hotel operations - including rooms, F&B, other revenue departments (i.e., spa, golf, parking) and miscellaneous revenue (i.e., rentals, leases, resort fees and cancellation fees).

Total Revenue Per Available Room (TrevPAR)

A measure of total operating Revenue Per Available Room (RevPAR), calculated by sum of room, food and beverage (F&B) and all other operating revenue divided by total available rooms. See Total Revenue, Total Available Rooms.
Total Revenue/Total Available Rooms= TrevPAR

Total Revenue Per Occupied Room (TrevPOR)

A measure of total operating Revenue Per Occupied Room, calculated by sum of room, food and beverage (F&B) and all other operating revenue divided by total rooms sold. See Total Revenue.
Total Revenue/Rooms Sold= TrevPOR
 

Transient rooms

Includes rooms sold to individuals or groups occupying less than 10 rooms per night. This type of data is included in the Segmentation portion of STR’s reports. Refer to Data Reporting Guidelines for more specific applications.