M-P

Definition: One of the world’s leading travel agent commission payment and processing vendors.

Definition: Online companies whose websites allow consumers to book various travel related services directly via Internet. They are 3rd party...

Definition: The status of a room that is not ready for selling because it is under repair or there is...

Definition: A status when a room is blocked on a temporary basis and is not deducted from hotel inventory. References:...

Definition: Choice Hotels’ OPD team is field-based and serves as the single point of contact in the field during the...

Definition: Choice Hotels’ OSC team is based in Rockville, MD, at our corporate office. The OSC serves as the single...

Definition: A federal agency that is responsible for developing and enforcing regulations related to assuring safe and healthful working conditions....

Definition: Comprehensive report based on revenue and expense data from hotel operating statements. The report consists of hotel revenue and...

Definition: A Periodic Automatic Replenishment (PAR) level. The standard number of each inventoried item that must be in hand to...

Definition: A standard unit of measurement for the inventory required for each available room.