STR Report definition

STR Report means Xxxxx Travel Research Report produced for the Hotel by Xxxxx Travel Research or, if Xxxxx Travel Research no longer is in existence, the successor of Xxxxx Travel Research or such other industry resource that is equally as reputable as Xxxxx Travel Research will be substituted, in order to obtain substantially the same result as would be obtained if Xxxxx Travel Research has not ceased to be in existence.
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STR Report means Smixx Xxavel Research Report produced for the Hotel by Smixx Xxavel Research or, if Smixx Xxavel Research no longer is in existence, the successor of Smixx Xxavel Research or such other industry resource that is equally as reputable as Smixx Xxavel Research will be substituted, in order to obtain substantially the same result as would be obtained if Smixx Xxavel Research has not ceased to be in existence.
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STR Report means a Sxxxx Travel Research Report for each Individual Property in the form of Exhibit L attached hereto.
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Examples of STR Report in a sentence

  • If the Hotel, after the Operator has managed the Hotel for a consecutive twelve (12) month period, at any point, has a negative RevPAR change versus its competitive set, as of the date hereof, as measured by the monthly STR Report of greater than 10% for a running (12) month period (“Negative RevPAR Individual Hotel Performance Failure”), subject to the cure periods below, Lessee may terminate this Agreement with respect to the individual Hotel upon sixty (60) days prior written notice to Operator.

  • If, however, the Hotel’s performance at any given period after termination has been cured, as measured by the monthly STR Report for the following twelve (12) month period, again becomes greater than negative 10% change against the individual Hotel’s competitive set as measured by the running twelve (12) month period, Lessee may terminate this Agreement with respect to the individual Hotel upon sixty (60) days prior written notice and Operator shall no longer have the option to cure.

  • If the Hotel’s performance, as measured by the monthly STR Report, for the following three (3) consecutive month period after notice of termination is provided, has a positive RevPAR change versus its competitive set, then the Negative RevPAR Individual Hotel Performance Failure shall be deemed cured and Lessee shall have no right to terminate for such Negative RevPAR Individual Hotel Performance Failure (and any notice of termination with respect thereto shall be deemed null and void).

  • Dan McElroy inquired about acquiring STR Report and Jeff LaFavre inquired about cost to do so.

  • Key inputs and assumptions include the following: • To estimate the average daily rate (ADR) and occupancy, the Developer provided a Smith Travel Research Trend Report (STR Report), which summarized the operating performance for a select number of superior boutique hotels in California and Cabo San Lucas between January 2013 and October 2018.

  • The estimation of number of nights stayed is derived from the number of nights stayed for all Missouri tourists in 2016 Figure III-6Supply and Demand for Hotel Rooms in Joplin,2015 to 2017800,000700,000600,000500,000400,000300,000200,000100,000-717,902638,020637,352422,243415,944427,1582015 2016 2017SupplyDemandTotal Hotel RoomsJoplin Lodging Room Nights Supply and Demand, 2017 Discovery Center Source: Missouri Hotel and Lodging Association STR Report, 2017 and ConsultEcon, Inc.

  • The reports RM works with each day Both Capps and Pochedly work with a variety of reports each day, including property management system and revenue intelligence reports, analytics reports, CRM data and social media data, blog pickup, forecast vs budget pacing, STR Report.

  • The RevPAR for the Competitive Set will be determined by referring to the STR Report published by Xxxxx Travel Research, or, if Xxxxx Travel Research ceases publishing such data, then another source, reasonably selected by Operator and Owner on the basis of its acceptance for similar purposes within the hospitality industry, that provides comparable data.

  • If confirmed qualified for STR filing, prepares the Suspicious Transaction (STR) Report for submission to the Executive Director of the Anti-Money Laundering Council (AMLC).

  • The hotels included in the STR Report include:o Chileno Bay Resort – Cabo San Lucas, Baja California Suro Rancho Valencia Resort – Rancho Santa Fe, CAo Calistoga Ranch Resort – Calistoga, CAo Auberge Du Soleil – Rutherford, CAo Meadowood Resort – St. Helena, CA • In 2018, the hotels noted above experienced an average occupancy rate of 65% and supported a$950 ADR, which generates a revenue per available room (RevPAR) of $615, as reported in the STR Report.


More Definitions of STR Report

STR Report means Smith Travel Research Report produced for the Hotel by Smixx Xxavel Research or, if Smith Travel Research no longxx xx in existence, the succexxxx of Smith Travel Research or such other industry resource that xx xqually as reputable as Smith Travel Research will be substituted, in order to obtxxx xubstantially the same result as would be obtained if Smith Travel Research has not ceased to be in existence.
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STR Report means the STR Report, as published by Xxxxx Travel Research, or any successor or substitute publication designated by Owner. Uneconomic for its Primary Intended Use means a state or condition of the Hotel such that, in the good faith judgment of Owner and Manager, reasonably exercised, the Hotel cannot be operated on a commercially practicable basis for hotel purposes and such other uses as may be necessary or incidental thereto, taking into account, among other relevant factors, the number of usable rooms and projected revenues and expenses.
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Related to STR Report

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • ESDM Report means the Emission Summary and Dispersion Modelling Report prepared in accordance with the Procedure Document by Christopher Scullion, Church and Trought Inc. and dated December 1, 2009 submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.

  • insider report means a statement required to be filed pursuant to Section 16 of the Exchange Act (or any successor provisions), by a person who is a director of the Corporation or who is directly or indirectly the beneficial owner of more than ten percent of the shares of the Corporation.

  • CREFC® Investor Reporting Package (IRP) Collectively: (a) the following nine data files (and any other files as may be, or have been, adopted and promulgated by CREFC® as part of the CREFC® Investor Reporting Package (IRP) from time to time): (i) CREFC® Loan Setup File, (ii) CREFC® Loan Periodic Update File, (iii) CREFC® Property File, (iv) CREFC® Bond Level File, (v) CREFC® Financial File, (vi) CREFC® Collateral Summary File, (vii) CREFC® Special Servicer Loan File, (viii) CREFC® Special Servicer Property File and (ix) CREFC® Schedule AL File;

  • City Ledger Report means a list submitted by the Contractor indicating on a daily basis its total number of sleeping room nights rented as well as the total number for sleeping rooms removed from its available inventory or rentals, for purposes of repair.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • CREFC® Investor Reporting Package® shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Servicer Report A report (substantially in the form of Schedule 5 hereto) or otherwise in form and substance acceptable to the Master Servicer and Securities Administrator on an electronic data file or tape prepared by the Servicer pursuant to Section 5.03(a) of this Agreement, with such additions, deletions and modifications as agreed to by the Master Servicer, the Securities Administrator and the Servicer.

  • Distribution Report The meaning specified in Section 10.7(b).

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Investor Report means a report of the Servicer, delivered pursuant to Section 3.10 of the Sale and Servicing Agreement, substantially in the form of Exhibit B thereto.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Consumer report means any written, oral or other communication of any information by a consumer reporting agency bearing on your credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing your eligibility for employment purposes.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Master Servicer Reporting Date With respect to any Distribution Date, 3:00 p.m. New York time on the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately succeeding such 18th day.

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • Servicer’s Report means any report of the Servicer delivered pursuant to Section 3.1(a) of the Administration Agreement, substantially in the form acceptable to the Administrator.

  • Monthly Reports shall have the meaning specified in Section 5.16(b) of the Indenture.

  • Rapidly report means within 72 hours of discovery of any cyber incident.

  • Progress Report means the report similar in form and content to that attached hereto as Appendix III.