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  • Services
        • HOTEL MARKETING

          Online Distribution

          Sales Strategy

          Revenue Management

  • Process
  • Clients
  • Our Story
  • Contact
GET STARTED

GLOSSARY.

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.

A
  • Availability
  • Asset Management
  • ARR – Average Room Rate
  • ARI – Average Rate Index
  • Apollo
  • Amadeus
  • ALOS – Average Length of Stay
  • Allotment
  • ADS – Alternative
  • ADR – Average Daily Rate
  • Abacus
B
  • BRG – Best Rate Guarantee
  • Booking Window
  • Booking Pace
  • Booking Curve
  • BAR – BEST AVAILABLE RATE
  • B2C – Business to Consumer
  • B2B – Business to Business
C
  • Cut Off
  • CTD – Closed to Departure
  • CTA – Closed to Arrival
  • CRS – Central Reservations System
  • COW – Cost of Walk
  • Constrained Demand
  • Consortia
  • Comp Set – Competitive Set
  • Commission
  • Channels
  • Channel Management
  • Chain Code
D
  • Dynamic Pricing
  • Dynamic Packaging
  • Distressed Inventory
  • Displacement Analysis
  • DIRECT CONNECTION
  • Derived Rates
  • Denial
  • Demand
  • DBP – Demand Based Pricing
E
  • Extranet
  • EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization Extranet
F
  • Forecasting
  • Free Sell
  • Fenced Rate
G
  • Gross
  • GOP – Gross Operating Profit
  • Geocoding
  • GDS – Global Distribution System
  • Galileo
H
  • Hotel Capacity
I
  • Inventory
  • INTERFACE
  • IATA – International Air Transport
K
  • KPI – Key Performance Indicator
L
  • LRA – LAST ROOM AVAILABILITY
  • LOS – Length of Stay
  • Lead Time
M
  • MPI – Market Penetration Index
  • Merchant Model
  • MARKET SHARE
  • Market Segments
N
  • NOP – Net Operating Profit
  • No Show
  • NET RATE
  • Negotiated Rate
O
  • Overbooking
  • OTA – Online Travel Agent
  • Opaque Sites
  • Opaque Packaging
  • Occupancy
  • OBE – Online Booking Engine
P
  • PMS – Property Management System
  • PEGASUS
  • PCC – Pseudo City Code
R
  • REVPAR – REVENUE PER AVAILABLE ROOM
  • RATE PARITY
  • RATE FENCES
  • Room Block
  • ROH – Run of House
  • RM – Revenue Management
  • RGI – REVENUE GENERATION INDEX
  • RFP – REQUEST FOR PROPOSAL
  • RAC – Rate Access Code
S
  • Static Pricing
  • Source of Business
  • SME – Small to Medium Business
  • Shoulder Date
  • Sell Rate
T
  • Turnaway
  • Travelport
  • Transient
  • TMC – Travel Management Company
  • Target Market
  • TAA – Tourism Accommodation Australia
U
  • Unconstrained Demand
W
  • WORLDSPAN
  • Wholesaler
Y
  • Yield Management

RATE FENCES

Rules that apply to rates. Meaning that to book a certain rate, there will be specific conditions that will apply to your reservation.

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  • E: growth@hotelstrategy.com.au

A: 62 Bundawarrah Rd. Temora,
NSW 2666, Australia

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