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Glossary

Golf

Property that includes a golf course amenity as part of its operations. A property does not qualify if it only has privileges on a nearby course.

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Glossary

Group rooms

Typically defined as 10 or more rooms per night, sold pursuant to a signed agreement. Refer to Data Reporting Guidelines for more specific application. This type of data is included in the Segmentation portion of STR’s reports.

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Glossary

Holiday closure

A property is voluntarily closed for a period of time (less than one month), typically due to a holiday.

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Glossary

Hotel/motel

A standard hotel or motel operation.

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Glossary

Hotel types

Hotel classifications are driven primarily by building structure and, secondarily, by service level. Chain management has provided STR with hotel type classifications for a significant number of locations. Hotel types include: All-Inclusive: Property with rooms so...

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Glossary

Index

Measures a hotel’s performance relative to an aggregated grouping of hotels (i.e., competitive set, market or submarket). We utilize indexes to measure performance in three key areas: Occupancy, ADR and RevPAR. An index of 100 means a hotel is capturing a fair share...

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Glossary

Interior/exterior corridor

Denotes whether the property has interior or exterior corridors.

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Glossary

Largest meeting room sq. ft.

The largest meeting room – normally, the ballroom.

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Glossary

Latitude/longitude

Angles that uniquely define points on a sphere. Together, the angles comprise a coordinate scheme that can locate or identify geographic positions on the surfaces of planets, such as Earth.

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Glossary

Lifestyle brand

Group of hotels operating under the same brand that is adapted to reflect current trends. Select lifestyle brand hotels include AC Hotels by Marriott International, Aloft by Starwood Hotels & Resorts Worldwide, Radisson Red by Carlson and W Hotels by Starwood Hot...

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Glossary

Limited service hotel

What are “limited-service hotels?” Limited-service hotels are properties that offer select or focused facilities and amenities, typically without a full-service restaurant. These hotels are often in the Economy, Midscale or Upper Midscale segments. Limited-service h...

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Glossary

Location segment

Property classification driven by physical location. Chain management provides STR with location classifications for a significant number of hotels. 

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