Interior/exterior corridor
Denotes whether the property has interior or exterior corridors.
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.
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...
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...
Location segment
Property classification driven by physical location. Chain management provides STR with location classifications for a significant number of hotels.
Location type
Property classification driven by physical location regardless of amenities or services offered. Location types include: Location Segments and Types include: Urban: Densely populated location in a large metropolitan area. (e.g., Atlanta, Boston, San Franci...
Operator/Management company
Company that manages a property’s operations for its owners, typically in return for fees and/or revenue share.
Market
In the U.S., a market is a geographic area typically made up of a Metropolitan Statistical Area (e.g., Atlanta, GA), a group of Metropolitan Statistical Areas (i.e., South Central PA) or a group of postal codes (i.e., Texas North). Outside the U.S., a market is defin...
Market Class
A combination of market and class for data reporting purposes. See Market, Class.
Market collapsed class
Properties located in a specific market and STR collapsed class segment (i.e., Nashville, TN Luxury / Upper Upscale classes).
Market collapsed scale
Properties located in a specific market and STR collapsed scale segment (i.e., Nashville, TN Upscale includes Luxury, Upper Upscale, Upscale chain scales).