The hotel industry loves acronyms. Some are useful. Some are legacy leftovers.
Some only exist to make decks sound smarter than they are.
This is a curated glossary of hotel, revenue, distribution, and tech terms you’re most likely to hear in meetings, vendor pitches, and industry conversations. It’s not exhaustive. It’s practical. Bookmark it.
Core Performance & Revenue Metrics
ADR
Average Daily Rate. Average room revenue earned per occupied room.
OCC
Occupancy. Percentage of available rooms sold.
RevPAR
Revenue per Available Room.
GOP
Gross Operating Profit.
GOPPAR
Gross Operating Profit per Available Room.
TRevPAR
Total Revenue per Available Room, including rooms and non-room revenue.
RevPOR
Revenue per Occupied Room.
CPOR
Cost per Occupied Room.
LOS / ALOS
Length of Stay / Average Length of Stay.
BAR
Best Available Rate. Lowest public rate for a given date.
Pace
Booking activity compared to a prior period.
Pickup
New bookings added over a defined time window.
MPI / ARI / RGI
Performance indexes versus competitive set.
Distribution, Sales & Hotel Tech
PMS
Property Management System. Runs daily hotel operations.
CRS
Central Reservation System. Manages rates, inventory, and distribution.
CRM
Customer Relationship Management system.
RMS
Revenue Management System.
GDS
Global Distribution System (Amadeus, Sabre, Travelport).
OTA
Online Travel Agency.
Channel Manager
Synchronizes rates and availability across channels.
Booking Engine
Direct booking tool on a hotel website.
Metasearch
Rate comparison platforms like Google Hotels and Trivago.
API
Application Programming Interface.
LLM
Large Language Model powering tools like ChatGPT and Claude.
MCP
Model Context Protocol. Allows AI to access live system data.
Net Rate
Rate provided to intermediaries before commission.
Gross Rate
Rate shown to the guest including commission.
Rate Parity
Same rate across all distribution channels.
Stop Sell
Restriction preventing sales via specific channels.
Number of people associated with a booking or event.
OTB
On the Books. Confirmed future business.
Hotel Operations & Front Office
FOH / BOH
Front of House / Back of House.
MOD
Manager on Duty.
OOO / OOS
Out of Order / Out of Service.
DND
Do Not Disturb.
No-Show
Guest fails to arrive.
Walk-In
Guest without a reservation.
Folio
Guest bill.
Night Audit
End-of-day reconciliation.
House Count
Number of guests currently in-house.
Stayover
Guest remaining for another night.
Ownership, Finance & Corporate
P&L
Profit and Loss statement.
EBITDA
Earnings before interest, taxes, depreciation, amortization.
EBITDAR
EBITDA plus rent.
ROI
Return on Investment.
CapEx
Capital Expenditures.
OpEx
Operating Expenses.
FF&E
Furniture, Fixtures, and Equipment.
REIT
Real Estate Investment Trust.
Asset Light
Ownership model focused on management or franchise.
Hawaiʻi-Specific Hotel & Tourism Terms
HTA
Hawaiʻi Tourism Authority.
HVCB
Hawaiʻi Visitors and Convention Bureau.
DBEDT
Department of Business, Economic Development and Tourism.
DLNR
Department of Land and Natural Resources.
TAT
Transient Accommodations Tax.
GET
General Excise Tax.
OTAT
Oʻahu Transient Accommodations Tax.
Airlift
Airline seat capacity to Hawaiʻi.
Neighbor Islands
All islands other than Oʻahu.
Mauka / Makai
Toward the mountains / toward the ocean.
Ahupuaʻa
Traditional land division.
Kuleana
Responsibility or obligation.
ʻĀina
Land, with cultural meaning beyond property.
This glossary is a living resource and will evolve as the industry does.
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