RevPAR Index/Revenue Generating Index (RGI)
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...
Room additions
Rooms added to inventory through expansion, repurposing or reopening after renovation.
Revenue (room revenue)
Room revenue generated from the guestroom rentals or sales. Refer to Data Reporting Guidelines for more specific application.
Room nights Sold
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.
Rooms available (room supply)
The number of rooms in a hotel or set of hotels multiplied by the number of days in a specified time period. Refer to Data Reporting Guidelines for more specific application. See Supply. Example: 100 rooms in subject hotel x 31 days in the month = Room Supply of 3,...
Rooms removed
Rooms removed from inventory due to being repurposed, part of a full property renovation or no longer available in the rental pool.
Rooms sold
The number of rooms sold in a specified time period (excludes complimentary rooms). Refer to Data Reporting Guidelines for more specific application. See: Demand, Room Demand.
Seasonal closure
The period when a property is closed for at least one calendar month around the same time each year. Example: A ski lodge is closed during summer or a beach resort is closed during winter.
Segmentation
Rooms sold and revenue data broken down by customer type (transient, group, contract). Refer to Data Reporting Guidelines for more specific application.
Size
Based on total physical room count of the property. For STR reporting purposes, properties are grouped according to the following five thresholds: Fewer than 75 Rooms 75 – 149 Rooms 150 – 299 Rooms 300 – 500 Rooms Over 500 Rooms ...