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Glossary of Terms

The myallocator Glossary of Hotel Terms has been developed to give our hoteliers quick access to definitions of terms and concepts used commonly in technology and travel markets.

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There are currently 78 names in this directory
Actual Share

Availability

Average Daily Rate (ADR)

Average Length of Stay (ALOS)

Best Available Rate (BAR)

Best Rate Guarantee ( BRG)

Customer

Central Reservation System (CRS)

Channel Management

Close to Departure

Closed to Arrival

Commission

Demand Based Pricing

Demand Generators

Displacement Analysis

Distribution Strategy

Dynamic Packaging

Early Bird

Electronic Distribution (ED)

Folio

Fences

Fair Market Share

Flash Sales

Guest

Global Distribution System (GDS)

Gross Operating Profit Per Available Room (GOPPAR)

Hotel / Hostel

Hotel Clerk

Housekeeping Asset

Housekeeping Request

Internet Booking Engine (IBE)

Internet Distribution System (IDS)

Inventory (relative to hotel distribution)

Last Room Availability

Markup

Market Intelligence

Maximum Length of Stay

Minimum Length of Stay

Night Audit

Occupancy

Online Travel Agencies (OTA)

Open Travel Alliance (OTA)

Overbooking

Payment

Product

Property

Packaging

Payment Card

Payment Card Data

Payment Service

Payment Terminal

Preferred Placement

Price Match Guarantee (PMG)

Property Management System (PMS)

Room

Room Type

Rate Parity

Receivable

Reservation

Revenue Management System (RMS)

Revenue Per Available Room (RevPAR)

Revenue Per Occupied Room (RevPOR)

Room Block

Room Inventory

Stay

Service

Service Contract

Service Request

Single Image Inventory

Source of Business

Static Pricing

Stay Record

Total Revenue Per Available Room (TrevPAR)

Unconstrained Demand

Vacancy

Work Order

Work Queue

Yield Management