Miscellaneous revenue
All revenue not included in rooms, F&B or other operated departments; not associated with any expenses or are reported net of expenses. This typically includes income from rentals or leases, resort fees and cancellation fees but does not include investment income...
Month to Date (MTD)
Period that starts at the beginning of the current month and ends at the current date.
Occupancy (Occ)
Percentage of available rooms sold during a specified time period. Occupancy is calculated by dividing the number of rooms sold by rooms available. Occupancy = Rooms Sold / Rooms Available
Occupancy Index/Market Penetration Index (MPI)
Measures a hotel’s Occupancy (Occ) performance relative to an aggregated grouping of hotels (i.e., competitive set, market, submarket). If all things are equal, a property's Occ Index or MPI is 100 compared to the aggregated group of hotels (historically described as...
Open date (YYYYMM)
Year and month a property opened as a lodging establishment for the first time.
Operation type
Hotels typically fall under one of three operation types: Chain Managed: Properties are branded and operated by the chain. Franchised: Branded properties operated by a third party that pays franchise fees or royalties to the chain for the use of its brand name, m...
Owner
Company that primarily owns, rather than franchises or manages hotels. A given hotel may have multiple owners.
Parent company
Company that owns one or more brand. Examples include Accor, Choice Hotels International, InterContinental Hotels Group, Marriott International and Wyndham Hotels & Resorts.