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
Total Room Inventory Occupancy
This methodology divides realized demand by the total number of rooms in a market regardless of operational status. As an example, this methodology does not reflect temporary closures due to COVID-19.
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.