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.

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Term Definition
IATA

What is the meaning / definition of IATA in the hospitality industry?

IATA stands for: International Air Transport Association. It is a trade association of airline companies which operates international services and establishes standard practices.

IDS - Internet Distribution System

What is the meaning / definition of IDS in the hospitality industry?

IDS stands for: Internet Distribution System.
This term is generally used to express the hotels distribution via Internet, Intranets, Extranets and other online services.

Independent Hotel

What is the meaning / definition of Independent Hotel in the hospitality industry?

An Independent Hotel is a hotel that is independently owned and run. It doesn’t allow any other proprietors to use its name / brand.

Interface

What is the meaning / definition of Interface in the hospitality industry?

Interface is the crossing point or technical connection between different IT systems. In other words it is the direct communication/ connection between two (or more) networks/ applications/ systems that can be interlinked together without any intermediary.

Inventory

What is the meaning / definition of Inventory in the hospitality industry?

The number of rooms available for a hotel to sell or distribute across all channels is called an Inventory.

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