cut-off date

Refers to the latest date and time by which a booking, amendment, or cancellation must be confirmed before it is automatically released or no longer guaranteed. In the travel operations and distribution landscape, this deadline is set by suppliers—such as hotels, tour operators, cruise lines, or activity providers—and enforced through reservation systems and distribution channels.…

GOPPAR

Is a key performance indicator in hospitality that measures the Gross Operating Profit (GOP) generated per available room over a specific period. Unlike metrics that focus solely on revenue, this indicator incorporates both income and operating expenses, offering a more comprehensive picture of a hotel’s financial health and operational efficiency. Within the broader realm of…

PMS

Is the central nervous system of a lodging operation, integrating reservations, check-in and check-out, room assignments, billing, and guest profiles into a single digital environment. Within the Hospitality & Accommodation landscape, it serves as the primary hub where service, comfort, and business intelligence intersect, transforming every stay from a simple room night into a traceable,…