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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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Glossary

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...

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Glossary

Open date (YYYYMM)

Year and month a property opened as a lodging establishment for the first time.

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Glossary

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...

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Glossary

Other revenue

Typically includes revenue outside of rooms and F&B departments.

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Glossary

Owner

Company that primarily owns, rather than franchises or manages hotels. A given hotel may have multiple owners.

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Glossary

Parent company

Company that owns one or more brand. Examples include Accor, Choice Hotels International, InterContinental Hotels Group, Marriott International and Wyndham Hotels & Resorts.

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