Paul_Reggio_Lodging Presentation

Lodging Experience

A term that defines the overall quality and service provided by a hotel, including the guest's stay.

Hotel Classifications

Categories used to define hotels based on features such as price, services offered, and target clientele.

Economy Hotel

A type of hotel that offers basic accommodations with lower price points, focusing on merely providing a clean room.

Boutique Hotel

A small hotel offering unique architecture, style, and a personalized experience.

Extended-Stay Hotel

A type of hotel designed for long-term stays offering additional amenities like kitchenettes.

Soft Brand

A hotel that gains affiliation with a chain or franchise while maintaining its unique identity.

Franchising in Hospitality

A method allowing hotels to expand through licensing their brand and systems to franchisees.

Referral Associations

Groups that provide marketing and reservation support to independent hotels without full franchising.

Transient Occupancy Tax (TOT)

A tax imposed on guests for occupying a hotel room, contributing to local revenue.

Management Contracts

Agreements where a hotel management company operates a property on behalf of the owner for a set fee.

Hybrid Hotel

A hotel that combines different accommodation styles, such as hotels and condos.

Amentities

Features and services provided by hotels to enhance guest experiences beyond basic accommodation.

Online Travel Agencies (OTAs)

Web-based platforms that facilitate travel bookings including hotels, often impacting pricing strategies.

Luxury Lodging

High-end accommodations that focus on personalized service and exceptional experiences.

Hotel Rankings

Standard ratings assigned to hotels based on service quality, amenities, and guest satisfaction.