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Glossary · Hotel operations

What is Derived rate?

A rate plan calculated automatically from a parent plan by a fixed amount or percentage, so changing the parent updates every derived rate at once instead of editing each plan separately.

Related terms

Channel manager
A tool that keeps inventory and rates synchronised across multiple sales channels (a hotel's own site, OTAs, GDS) so availability and pricing stay consistent and…
PMS (Property Management System)
The core software a hotel, resort, hostel or guest house runs on: reservations and availability, front desk check-in and check-out, the guest folio and billing,…
Bed-level inventory
Inventory tracked per bed rather than per room, so a hostel can sell individual beds inside a shared dorm while still selling private rooms from the same availability…
ADR (Average Daily Rate)
The average room revenue earned per occupied room for a period: room revenue ÷ rooms sold. It measures pricing, not occupancy — a hotel can raise ADR while filling…
RevPAR (Revenue Per Available Room)
Room revenue divided by all rooms available for the period, occupied or not — equivalently ADR × occupancy rate. Because it combines price and fill, RevPAR is the…

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