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.
Percent change (% Chg.)
The amount of change—positive, negative, or flat—expressed as a percentage comparing a period versus the same period last year. Calculated as ((This Year — Last Year)/Last Year)*100.
Percent change rank (Occupancy, ADR, RevPAR)
Subject property's percent change ranked in comparison to the percent change of each hotel in the competitive set.
Pipeline
Data that details existing global hotel supply and projected growth and includes construction data gathered from the major chains and management companies, as well as data provided by convention and visitors bureaus (CVB), periodicals, consultant reviews and develope...
Pipeline phases
(Note: The availability of financing, issuance of building permits, owner commitment and many other factors can alter anticipated completion dates, number of rooms to be constructed or project viability. The number of projects and number of rooms in the construction ...
Potential revenue gain
This quantitative measurement on a Bandwidth Report indicates the potential revenue available in the market IF the subject property had achieved the top RevPAR performance each night of the period. While it is difficult to achieve this accomplishment consistently, de...
Potential revenue loss
Similar to Potential Revenue Gain, this quantitative benchmark on a Bandwidth Report indicates how much revenue the subject property would have lost if it was the laggard RevPAR performer for each night of the period. Converse to the potential gain figure, this figur...