Related Articles | |
| Low season | ■■■■■■■ |
Low season: low season is the period when a Destination experiences it's lowest prices and the fewest . . . Read More | |
| Peak Season | ■■■■■■ |
Peak Season is the period of consecutive months during which optimum revenues, room/suite Occupancy and . . . Read More | |
| ADR | ■■■■■ |
ADR is also known as Average Daily Rate. The total Room Revenue for a given period (day, month, month . . . Read More | |
| PAR | ■■■■■ |
PAR is the Airport Code of Paris in France. PAR stands also for "Price Available Room" and is a metric . . . Read More | |
| Yield Management | ■■■■ |
Yield Management is a strategy or Process that Hotel operators use to maximise their Hotel Room Revenue . . . Read More | |
| Complimentary Occupancy Percentage | ■■■■ |
Complimentary Occupancy Percentage is a ratio that shows the percentage of occupied rooms that are Complimentary . . . Read More | |
| Overbooked | ■■■■ |
In the travel context, overbooked refers to a situation where more reservations are accepted than there . . . Read More | |
| Reduced-rate | ■■■ |
In the travel context, "reduced-rate" refers to any travel services offered at a price lower than the . . . Read More | |
| Room Status Discrepancy | ■■■ |
Room Status Discrepancy is a situation in which the Room Status information that guides the Front Desk . . . Read More | |
| Sales | ■■■ |
Sales are the revenue from ordinary activitiesnot necessarily cash. "Sales" in the context of travel, . . . Read More | |