A Revenue Management tool that allows the property to close inventory in Central Reservations for a particular day and only allows the property to sell rooms locally.

American Automobile Association

American Association of Retired Persons

Refers to the debit side of the accounts -- those involving direct bill or credit cards, where money is owed to the hotel. Companies with a contract can have hotel charges invoiced to them monthly wit [..]

Rooms with a common wall but no connecting door.

Adjusting folio charges that were posted on a previous day.

see Average Daily Rate

The code used to identify a user connecting to the CRS from the Airline Reservations Center.

American Express

Mathematical formula calculated by totaling all of the rates all in-house guests are paying divided by the total number of guests in house. This is one way to measure a hotel's profitability. The [..]