ABC

Agent Booking Commission

ADAAG

Americans with Disabilities Act Accessibility Guidelines

ADR

Average Daily Rate

B&B

B&B

Bed and Breakfast

BEO

Banquet Event Order

BTL

BTL

Below The Line

CBT

Certified Business Travel

CFS

Complimentary Food Service

CHT

Certified Hospitality Trainer

CIS

Canton Island Airport

CMP

Certified Meeting Planner

CRM

Customer Relationship Management

CRO

CRO

Central Reservation Office

CSM

Convention Services Manager

CVB

Convention and Visitors Bureau

DMC

Destination Management Company

DMF

Destination Marketing Fund

DMO

Destination Marketing Organization

EIB

Event Incentive Budget

EMS

Event Management Software

F&B

Food and Beverage

FAM

Familiarization Trip

FIT

FIT

Free Independent Traveler

FTW

Free Time Window

GDS

GDS

Global Distribution System

GOPPAR

Gross Operating Profit Per Available Room

HACCP

Hazard Analysis and Critical Control Point

HH

Happy Hour

HMT

Hotel Management Team

IATA

International Air Transport Association

IHG

InterContinental Hotels Group

JTB

Japan Travel Bureau

LOS

Length of Stay

LRA

Last Room Availability

LTV

Lifetime Value

MICE

Meetings, Incentives, Conferences, and Exhibitions

MOT

Moment of Truth

NDC

New Distribution Capability

NPS

Net Promoter Score

OTA

Online Travel Agency

PMS

Property Management System

POS

Point of Sale

PRM

Preferred Rate Manager

PSS

Passenger Service System

QSR

Quick Service Restaurant

RED

Revenue Enhancement Directive

RevPAR

Revenue Per Available Room

ROS

Run of Show

SAF

Sustainable Aviation Fuel

SIP

Seasonal Incentive Program

STA

Scheduled Time of Arrival

STC

Standard Travel Commission

STR

Smith Travel Research

TMC

Travel Management Company

TPG

Tour Price Guarantee

USP

Unique Selling Proposition

VLM

Visitor Length of Market

WAC

World Airline Certification

WC

Walk-in Customer

XPX

Experience Perception Index

YRS

Yield Rate Strategy

ZBP

Zero-Based Pricing