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).
Market scale
Properties located in a specified market and Chain Scale segment (i.e., Waikiki, HI Luxury Chains).
Max
The highest performance possible for the period, assuming a property operated at the highest point of the bandwidth during the period.
Meeting space
Space designed for catering and banquet events, used for meal functions and meeting room sets and physically located on the property. Public convention center, pre-function space (i.e., lobby), outdoor areas (i.e., lanai or terrace, etc.) and extra restaurant rooms a...
Membership company
Company in which independently owned and operated lodging properties operate under a single membership affiliation while sharing a global reservations system, marketing, advertising, purchasing, training and quality standards with fewer constraints than a traditional...
Metropolitan Statistical Area (MSA)
In the U.S. only, a MSA is a geographic entity defined by the Office of Management and Budget (OMB) for use by federal statistical agencies in the collection, tabulation and publishing of federal statistics. For further details, refer to the U.S. Census Bureau at Cen...
Min
The lowest performance possible for the period, assuming a property operated at the lowest point of the bandwidth during the period.