Lodging Industry - Answers All businesses that provide overnight accommodations for guests
Hotel - Answers An establishment that provides sleeping rooms as well as various services to the
traveling public
Hotelier - Answers The owner/manager of one or more hotels
Tourist - Answers A person who travels for pleasure
United States Lodging Industry: 1900-2016 - Answers American lodging facilities have evolved to include
a tradition of innovation and orientation to guest service worth noting
Value (lodging accommodations) - Answers The price paid to rent a room relative to the quality of the
room and services that are received.
Full-Service Hotel - Answers A lodging facility that offers complete food and beverage services
Room Service - Answers The delivery of food and beverages to a hotel guest's sleeping room
Limited Service Hotel - Answers - A lodging facility that offers no, or very restricted food and beverage
services
- Also known as "select service hotel"
- Continental breakfast = yes/on site restaurant = no
Bed and Breakfast Inns - Answers Very small properties (one to several guest rooms) owned or managed
by persons living on site; these businesses typically offer one meal a day; also called B&B
Camps/Park Lodges - Answers Sleeping facilities in national, state or other parks and recreational areas
that accommodate visitors to these areas
Extended Stay Hotels - Answers A moderately priced, limited-service hotel marketing to guests desiring
accommodation for extended time periods (generally one week or longer)
Marriott Hotels - Answers Includes:
- Ritz-Carlton: luxury
- JW Marriott: upscale
- Flagship Marriott: full service
- TownPlace Suites: extended stay
- Fairfield Inn & Suites: business value
, Convention Hotel - Answers A lodging property with extensive and flexible meeting and exhibition
spaces that markets to associations, corporations , and other groups bringing people together for
meetings
Conference Center - Answers A specialized hospitality operation specifically designed for and designed
for and dedicated to the needs of small and medium sized meetings of 20-100 people
Resort - Answers A full service hotel with additional attractions that make it a primary destination for
travelers
Timeshare - Answers A lodging property that sells its rooms to guests for use during a specific time
period each year; also called vacation ownership property
Private clubs - Answers Membership organizations not open to the public that exist for people enjoying
common interests. Examples include country (golf) clubs, city clubs, university clubs, yacht clubs, and
military clubs. Some private clubs offer sleeping rooms for members and guests
Cruise lines - Answers Passenger vessels designed to provide leisure experiences for people on vacation
Casino - Answers A business operation that offers table and card games along with slot operations and
other games of skill or change and amenities that are marketed to customers seeking gaming activities
and entertainment. Many casinos offer lodging accommodations for their visitors
ADR: average daily rate - Answers - the average (mean) selling price of all guest rooms in a hotel, city or
country for a specific period of time.
- total revenue from room sales/total # of room sold
Occupancy: occupancy rate - Answers -- The ratio of guest rooms sold to the number of guest rooms
available for sale in a given time period and expressed as a percentage
- total rooms sold/total rooms available
RevPAR - Answers - the average revenue generated by each room available during a specific time period.
RevPAR combines the info from ADR and the occupancy rate into a single measure
ADR (x) Occupancy Rate
GOPPAR - Answers - the amount of profit made from room sales divided by the number of rooms
available to sell
- gross operating profit/rooms available to sell
Hospitality industry - Answers organizations that provide lodging accommodations and food services for
people when they are away from home
Transportation Services - Answers Businesses that help move travelers from place to place