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Glossary

This year vs. last year

Amount of growth - positive, negative or flat - this period versus the same period last year. Calculated as ((TY-LY)/LY)*100.

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Glossary

Timeshare

Property that typically is a resort condominium unit, in which multiple parties hold property use rights, and each timeshare owner is allotted a period of time when the property may be used.

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Glossary

Total revenue

Revenue from all hotel operations - including rooms, F&B, other revenue departments (i.e., spa, golf, parking) and miscellaneous revenue (i.e., rentals, leases, resort fees and cancellation fees).

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Glossary

Total Revenue Per Available Room (TrevPAR)

A measure of total operating Revenue Per Available Room (RevPAR), calculated by sum of room, food and beverage (F&B) and all other operating revenue divided by total available rooms. See Total Revenue, Total Available Rooms. Total Revenue/Total Available Rooms= T...

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Glossary

Total Revenue Per Occupied Room (TrevPOR)

A measure of total operating Revenue Per Occupied Room, calculated by sum of room, food and beverage (F&B) and all other operating revenue divided by total rooms sold. See Total Revenue. Total Revenue/Rooms Sold= TrevPOR  

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Glossary

Transient rooms

Includes rooms sold to individuals or groups occupying less than 10 rooms per night. This type of data is categorized as "transient" in segmentation calculations. Refer to Data Reporting Guidelines for more specific applications.

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Glossary

Under contract pipeline

All projects with a current phase of In Construction, Final Planning or Planning.

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Glossary

Waterpark

An indoor or outdoor waterpark resort with a lodging establishment containing an aquatic facility (minimum of 10,000 square feet of waterpark space) and inclusive of amenities (slides, tubes and a variety of water play features).

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Glossary

World regions

STR groups the world into four regions and 15 subcontinents:  Americas (North America, South America, Central America, Caribbean) Asia Pacific (Central & South Asia, Northeastern Asia, Southeastern Asia, Australia and Oceania) Europe (Northern Europe, S...

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Glossary

Year to date (YTD)

Period starting at the beginning of the current year and ending on the current date.

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STR Chain Scales

STR Chain Scales

Competitive Set and Trend Report Guidelines

Competitive Set and Trend Report Guidelines