A practical accommodation glossary

Use consistent definitions when your team discusses a booking, a room or a report.

Sixto team ·

ADR
Room revenue divided by sold room nights for the same period. State which taxes and fees the report includes.
Occupancy
Sold physical unit nights divided by available physical unit nights. Explain how blocked nights affect capacity.
RevPAR
Room revenue divided by available room nights, using the same revenue and capacity definitions throughout.
Cancellation rate
Cancelled eligible bookings divided by all eligible bookings in a defined cohort. Always name the date basis.
Lead time
Time between booking creation and scheduled arrival. A modification can require a separate interpretation.
PMS
Property management system: the system holding reservation and operational records. Agree which system is authoritative for each field.
Channel manager
A connection that distributes availability and rates to booking channels. Verify the actual connection and ownership before changing inventory.
Combo
One sellable listing using multiple physical apartments. Count physical capacity once and track which apartments each booking occupies.
Read / resolved
Read means a person has seen a conversation. Resolved means the promised work is complete; one does not imply the other.
Payout
Money transferred by a channel or processor. Reconcile it against charges, deductions and bank evidence rather than treating it as gross booking revenue.

Useful next steps