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Comprehensive set of monthly, annual and custom reports based on revenue and expense data from hotel operating statements. These reports consist of hotel revenue and expenses broken down by departments including rooms, food and beverage, marketing, utilities and main...

STR defines a property (hotel) based on three exclusionary criteria:Typically 10 or more roomsOpen to the public (excludes properties requiring membership, affiliation or club status)Generates nightly revenueNote:  A property with fewer than 10 rooms may partici...

Subject property's key performance indicators (KPI) - Occupancy, ADR and RevPAR - ranked in comparison to the respective KPI of each competitive set property.  Example: “2 of 6” ADR ranking means the subject hotel’s absolute ADR is the second highest of the six ...

Corporation or trust that uses the pooled capital of many investors to purchase and manage income property and/or mortgage loans. Typically, they distribute the majority of earnings directly to shareholders as dividends without taxation at the corporate level.

Group of independently owned, non-affiliated properties that have banded together to recommend and refer business. This type of connection typically does not carry the same involvement and standardized requirements as a membership or franchise company.

STR groups the U.S. into nine regions: New England (Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island)  Middle Atlantic (New York, Pennsylvania, New Jersey) South Atlantic (Maryland, Delaware, West Virginia, Virginia, North Carolina, S...

The STR Census Database defines a restaurant as a full-service venue offering more than breakfast.

Total room revenue divided by the total number of available rooms. See Room Revenue, Rooms Available.  Room Revenue/Rooms Available = RevPAR

Measures a hotel’s RevPAR performance relative to an aggregated grouping of hotels (i.e., competitive set, market or submarket, etc.). If all things are equal, a property's RevPAR Index, or RGI, is 100, compared to the aggregated group of hotels. Historically, this a...

Rooms added to inventory through expansion, repurposing or reopening after renovation.

Room revenue generated from the guestroom rentals or sales. Refer to Data Reporting Guidelines for more specific application.

The number of rooms sold in a specified time period (excluding complimentary rooms).  Refer to Data Reporting Guidelines for more specific application. See: Rooms Sold (Room Demand) and Demand.