SRevPOR

Spa Revenue Per Occupied Room is a KPI specific to hotel spa operations. It helps both spa and hotel revenue managers identify the relationship between spa operations and hotel occupancy. The data used to calculate SRevPOR is pulled from a hotel’s Spa Management...

Stay Controls

Stay Controls are methods for hotels to restrict bookings. They can depend on a variety of factors and are generally based on a hotel’s booking patterns. Essentially, Stay Controls are restrictions that help a hotel realize higher revenue potential. What are Stay...

Student Housing

Student housing refers to residential accommodations specifically designed and tailored to meet the needs of college or university students. These housing options are often located in close proximity to educational institutions to provide convenience for students....

Sublease

A sublease refers to a legal arrangement where a tenant, who is the original leaseholder of a rental property, rents out all or a portion of the property to another individual or subtenant. In this arrangement, the subtenant pays rent to the original tenant, who, in...

Subletting

Subletting is a rental arrangement in which a tenant, who is already leasing a property from a landlord, rents part or all of the property to another individual, known as the subtenant. The original tenant essentially becomes a “sublandlord” in this...