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.

Search for glossary terms (regular expression allowed)
Begin with Contains Exact termSounds like
Term Definition
RGI - Revenue Generation Index

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

RGI stands for: Revenue Generation Index.

RGI compares your hotel's RevPar to the average RevPar in the market. It is used to determine if a hotel is gaining a fair share of revenue compared to its compset.

Synonyms: Revenue Generation Index, RGI
Room Block

What is the meaning / definition of Room Block in the hospitality industry?

A Block Booking refers to a group of rooms reserved for a specific customer -- usually for a set period of time.

Synonyms: room blocking
Room Inventory

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

There are perhaps two questions to consider here: 1) What is room inventory? And 2) Why is room inventory so important to hotels large and small across the world?

Well, in simple terms, room inventory is basically a calculation:

The number of rooms a hotel has MINUS the amount of rooms sold
= the number of rooms available for a particular day

Synonyms: Room Inventory
Room Type

What is the meaning / definition of Room Type in the hospitality industry?

In Hospitality, the days of a hotel only offering guests standard rooms for reservations are long gone! Nowadays, there are myriad room types and suites at hotels around the world – a delightfully eclectic selection – meaning that any size of group and most preferences can be catered for.

Synonyms: Room Type

Amsterdam - Bangkok - Barcelona - Brussels - Dubai - Jakarta - London - Miami - New York - Paris

Xotels Ltd., Zandvoortselaan 10, 2042 XA Zandvoort, The Netherlands
Chambers of Commerce, Haarlem - the Netherlands, Nr: 34 24 13 54

Our Partners: HotelScienz - Veturi Hotels - GreenShoes - Vojo-Ventures

Aggregated Rating Score

Sign Up !


get the latest tips and trends from our blog


Don't miss a thing!
Subscribe to our blog