Glossary A
Glossary A
The travel glossary. Letter A +++ Popular Articles: 'Akrotiri - RAF Airport', 'Ancient City of Damascus', 'Abbey of St Gall'
The availability is the actual inventory of seats that are really available to be sold at a certain fare.
Average Occupancy is a ratio that shows Rooms Sold over a fixed period of time as a percentage of total Available Rooms in a Property over the same period of time.
- Average Occupancy per Room : Average Occupancy PER Room is a ratio that shows the average number of paid guests for each Room sold. This figure measures management's ability to use the Lodging facilities.
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- Average Room Rate Achieved : Average Room Rate Achieved is average of the Room rates resulting in Room sales which a Hotel has experienced for a given time period