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Glossary

Market scale

Properties located in a specified market and Chain Scale segment (i.e., Waikiki, HI Luxury Chains).

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Glossary

Max

The highest performance possible for the period, assuming a property operated at the highest point of the bandwidth during the period. 

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Glossary

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...

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Glossary

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...

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Glossary

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...

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Glossary

Min

The lowest performance possible for the period, assuming a property operated at the lowest point of the bandwidth during the period.

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Glossary

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...

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Glossary

Month to Date (MTD)

Period that starts at the beginning of the current month and ends at the current date.

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Glossary

Net gain/loss

Net gain or loss of rooms during the time period.

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Glossary

Number of floors

The number of floors or stories in the property.

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Glossary

Number of rooms

Total number of rentable rooms for overnight accommodations.

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Glossary

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

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