This is the third installment of jargon related to the travel industry. In this post, I am concentrating on words related to the hospitality industry, and focusing on the accommodations and restaurant sectors. There are some great buzzwords here that I have used often, especially lately, without even thinking about it. (Also, check out the Dauntless Jaunter Travel Glossary for more!)
Couch Surfing (or Couchsurfing) – This is a neologism (maybe this is another word you can learn at the same time; a neologism is a word, term, or phrase that is newly coined) that, though around for a bit now as a description for staying with friends, is just recently starting to enter common travel parlance.
Couch surfing, the travel version, is when a traveler, often due to budget restrictions, stays at a private house in a spare room or on the couch while visiting, hence “couch surfing”. The traveler may have met this Samaritan through friends or family, or through an online site, such as www.couchsurfing.com. A great way to experience the true culture of the place where you are visiting, because you will experience the daily life of a local and taste more authentic food.
Average Daily Rate (ADR) – The ADR is the total revenue income from rooms sold, divided by the number of rooms. For instance, if a hotel made $150,000 while selling 200 rooms, its ADR would be $150000 / 200 = $750. This is useful to determine the average costs of hotel rooms when searching for rooms by price.
Average Published Rate (APR) – This is the rate obtained when a hotel averages all the various room-types they offer(single, double, suite, penthouse, etc.) throughout all the seasons of the year(different times of the year has different rates), in order to get one average rate for the hotel.
Extended Stay (hotel type) – This is a term that usually means that the hotel or resort property quotes their prices in longer segments than daily rates. Usually, the property will quote per week, and this kind of accommodation is more suitable for families or groups, as it typically has more amenities; extended stay properties usually must have a kitchenette that includes a stove-top burner. Generally, a 5-night stay is the minimum for an extended stay hotel.