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The Xotels Glossary clarifies hotel and revenue management terminology. Our hospitlaity dictionary explains the meaning of 500+ words, terms, abbreviations and acronyms.
- Business Hotel
What is the meaning / definition of Business Hotel?. A...
- Adult Only Resort
What is the meaning / definition of Adult Only Resort?....
- ALOS
What is the meaning / definition of Average Length of Stay...
- Cut-Off
What is the meaning / definition of Cut Off in the...
- Commission
What is the meaning / definition of Commission in the...
- Allocation
What is the meaning / definition of Allocation in the...
- Business Hotel
The rates charged daily for hotel rooms.... Click for English pronunciations, examples sentences, video.
The definition of room rates in the dictionary is the rates charged daily for hotel rooms.
Average Daily Rate (ADR): A metric system used in the hospitality industry to measure the average rate paid for rooms sold. ALOS: Acronym for average length of stay. Average Published Rate (APR): A rate taken by averaging all types of hotel rooms throughout the year according to high or low season.
Rates a hotel uses to provide a series of options to guests. The rate is determined by which fences a guest accepts, which might include non-refundable, non-cancelable reservations and advanced purchase reservations.
20 maj 2024 · If you’re struggling with new hotel terminology or need help with hospitality jargon, we’ve put together a list of commonly used terms.
11 lis 2022 · What are room rates? A room rate is the price charged per night for each room category at a hotel, from standard rooms to deluxe suites. Rates are determined by a property’s operational costs, competitors, local market, and season. They are dynamic and can change rapidly based on market conditions.