Hotel Revenue & Management Blog

What is the meaning / definition of Length of Stay in the hospitality industry? LOS stands for Length of Stay. Figure derived by dividing the number of room nights by the number of bookings. When it comes to revenue management, LOS is an important criteria. It can help enormously with the organising and optimisation of occupancy within a hotel. There [...]

What is the meaning / definition of Lodging in the hospitality industry? The term lodging describes a wide range of accommodation types (hotels, B&Bs, resorts, hostels, motels etc.) that provide shelter or a place to stay overnight. It is used to describe locations away from home and the quality of the place can vary from a small island hut or [...]

What is the meaning / definition of Limited Service Hotel? The term limited service hotel, is used to describe budget-friendly hotels that offer accommodation without a food and beverage component like a restaurant. These hotels may have amenities such as business centre, fitness room, pool, guest laundry facilities or more. Areas where a guest may eat or cook their own [...]