Glossary of terms in the hospitality & tourism

The most important terms and abbreviations in hospitality & tourism from A – Z

In my individual glossary for the hotel and tourism industry, I share a personal selection of 300 terms and abbreviations from the world of travel. These include aspects of airlines, travel agencies, hotels and other tourism service providers that I have found particularly important in the industry over the years. The list is my subjective collection of terms and does not claim to be exhaustive, but offers an insight into the key terms used in the tourism industry.

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 22 names in this directory beginning with the letter R.
R
Rack Rate
the full, undiscounted published room rate (price)
Rate Fencing
using restrictions on dates and/or room types which have excess demand.
Rate Parity
Maintaining consistent rates for the same product in all online distribution channels.
Red-Eye Flight
an overnight flight that leaves at night and arrives early the next morning.
Release Period
the number of days before arrival, within which a hotel will not accept bookings from a distribution partner (OTA, Tour Operator).
Resort
a hotel, or other accommodation provider located in an area associated with recreation and leisure, such as the mountains, lakes or sea.
Responsible tourism
Type of tourism which is practiced by tourists who make responsible choices when choosing their holidays.
Restrictions
functionalities that can be applied to each room type/room rate to better control reservations and have a successful revenue management strategy.
Revenue management
to obtain a property’s maximum amount of overall possible revenue by using data and analytics to predict future guest behavior and demand.
Revenue Management System
a software application that hotels use to control the supply and price of their inventory in order to achieve maximum revenue by managing availability, room types and applying restrictions.
Revenue per Available Room (RevPAR)
RevPar = daily room revenue / total rooms available or Average Daily Rate (ADR) × Occupancy Rate.
Revenue per occupied room (RevPOR)
calculated by taking the total daily revenue (including ancillary revenues) and dividing it by the total number of occupied rooms at the hotel.;
ROH
Run of House. No room has been allocated to a guest before arrival, so they will get any room available.
ROI
Return on Investment.
Room Inventory
the volume of rooms available to be sold.
Room Night
In the hotel (hospitality) industry, a room night refers to a hotel room that is occupied for one night.
Room Occupancy
is the number of occupied rooms divided by the available rooms for a given period.
Room Only
a rate for the room only, no extras (e.g. breakfast) included.
Room Rate
the price for your room type, per night
Rooming List
the list of names or passengers on a tour or other group travel program, submitted to a hotel.
Round Trip
a flight to a single destination and a return.
Run of the house Rate
a flat rate for which a lodging property agrees to offer any of its available rooms.

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