Need to understand hotel and hospitality terms? Here’s our hotel page glossary where we explain terminologies to help you learn more about our Growth system, Hotel health Check, Hotel Consultancy and Virtual Hotel BDM services.
- Abacus
- ADR – Average Daily Rate
- ADS – Alternative Distribution System
- Allotment
- ALOS – Average Length of Stay
- Amadeus
- Apollo
- ARI – Average Rate Index
- ARR – Average Room Rate
- Asset Management
- Availability
- B2B – Business to Business
- B2C – Business to Consumer
- BAR – Best Available Rate
- Booking Curve
- Booking Pace
- Booking Window
- BRG – Best Rate Guarantee
- Chain Code
- Channel Management
- Channels
- Commission
- Comp Set – Competitive Set
- Consortia
- Constrained Demand
- COW – Cost of Walk
- CRS – Central Reservations System
- CTA – Closed to Arrival
- CTD – Closed to Departure
- Cut Off
- DBP – Demand Based Pricing
- Demand
- Denial
- Derived Rates
- Direct Connection
- Displacement Analysis
- Distressed Inventory
- Dynamic Packaging
- Dynamic Pricing
- EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization
- Extranet
- Fenced Rate
- Forecasting
- Free Sell
- Galileo
- GDS – Global Distribution System
- Geocoding
- GOP – Gross Operating Profit
- Gross
- Hotel Capacity
- IATA – International Air Transport Association
- Interface
- Inventory
- KPI – Key Performance Indicator
- Lead Time
- LOS – Length of Stay
- LRA – Last Room Availability
- Market Segments
- Market Share
- Merchant Model
- MPI – Market Penetration Index
- Negotiated Rate
- Net Rate
- No Show
- NOP – Net Operating Profit
- OBE – Online Booking Engine
- Occupancy
- Opaque Packaging
- Opaque Sites
- OTA – Online Travel Agent
- Overbooking
- PCC – Pseudo City Code
- Pegasus
- PMS – Property Management System
- RAC – Rate Access Code
- Rate Fences
- Rate Parity
- RevPar – Revenue Per Available Room
- RFP – Request for Proposal
- RGI – Revenue Generation Index
- RM – Revenue Management
- ROH – Run of House
- Room Block
- Sell Rate
- Shoulder Date
- SME – Small to Medium Business
- Source of Business
- Static Pricing
- TAA – Tourism Accommodation Australia
- Target Market
- TMC – Travel Management Company
- Transient
- Travelport
- Turnaway
- Unconstrained Demand
- Wholesaler
- Worldspan
- Yield Management
