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Glossary

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...

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Glossary

Room additions

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

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Glossary

Revenue (room revenue)

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

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Glossary

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.

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Glossary

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,...

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Glossary

Rooms removed

Rooms removed from inventory due to being repurposed, part of a full property renovation or no longer available in the rental pool.

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Glossary

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.

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Glossary

Sample

The number of properties and rooms that submit performance data to STR.

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Glossary

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.

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Glossary

Segmentation

Rooms sold and revenue data broken down by customer type (transient, group, contract). Refer to Data Reporting Guidelines for more specific application.

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Glossary

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 ...

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Glossary

Ski

Property with onsite access to ski slopes.

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