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

Net gain or loss of rooms during the time period.

The number of floors or stories in the property.

Total number of rentable rooms for overnight accommodations.

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

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...

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

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...

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

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

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

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.