Pearson New International Edition International pcl tp indd 1

Room rate economics
Process by which revenue managers price rooms while considering
how consumers may react to the pricing strategies that are used.
Room status
Up-to-date (actual) condition (e.g., occupied, vacant, dirty, or clean) of all the
hotel’s individual guestrooms.
Room status report
Listing of the current housekeeping status of each available room.
Room type
Term used to designate specific guestroom configurations. For example, smoking
versus nonsmoking, king bed versus queen or double beds, and suite versus regular sleeping
room. Commonly abbreviated (e.g., K for king and NS for nonsmoking). Availability of the
proper room type is often important to guests as they decide whether to rent a room.
Rooming list
Registry of the names of the specific individuals who are part of a group
reservation. The rooming list details each guest’s arrival and departure dates as well as the
form of payment to be used.