Hotel Revenue Management Glossary
Need to know what a hotel term means? Look it up in the Xotels Glossary. We explain definitions of terminology industry lingo from hotel revenue management, ecommerce, marketing and distribution.
|ADR - Average Daily Rate|
|ADS - Alternative Distribution System||
What is the meaning / definition of ADS in the hospitality industry ?
ADS stands for: Alternative Distribution System.
The term is used as to describe the distribution via 3rd party websites. This includes online travel agencies (OTA), travel portals, travel search engines/ directories, online hotel consolidators, airline websites with online reservation options.
What is the meaning / definition of OTA Agency Model in the hospitality industry?
In hotel revenue management when talking about an Agency Model, we are referring to the commercial model of an OTA (online travel agency). The main characteristic of the Agency Model OTA is that the guest pays the Hotel directly when the stay is consumed and the hotel pays the OTA commission after the stay has occured.
What is the meaning / definition of Allocation in the hospitality industry?
Allocation is the number of rooms a hotel has available for sales.
What is the meaning / definition of Allotment in the hospitality industry?
The term Allotment is used in the Hotel industry to designate a certain block of pre-negotiated rooms which have been bought out and held by a third party (such as a travel organizer, wholesaler, tour operator, hotel consolidator, travel agent, OTA).
|ALOS - Average Length of Stay|
What is the meaning / definition of Amadeus in the hospitality industry?
Amadeus is a Computer Reservation System (CRS) or better a Global Distribution System (GDS).
|ARI - Average Rate Index||
What is the meaning / definition of ARI in the hospitality industry?
ARI stands for: Average Rate Index.
It is a Hotel KPI that measures the performance of their ADR compared to their comp set during the same period (competitive set: a group of other hotel brands and competitor that have similar target market and concept).
|ARR - Average Room Rate|
|ATR - Average Treatment Rate||
What is the meaning / definition of ATR in the hospitality industry?
ATR stands for: Average Treatment Rate.
This ATR formula is mainly used for Spa Operation (either independently or within a hotel). It calculates the average rate and it is varied on different treatment packages as well as on the demand / occupancy of the spa booking rate.
What is the meaning / definition of Auction Site in the hospitality industry?
What is the meaning / definition of Availability in the hospitality industry?
Availability is the amount of vacant rooms a hotel has to sell.