STR Reports definition

STR Reports. Reports compiled by ▇▇▇▇▇ Travel Research, or its successor, which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes (or, in the event that ▇▇▇▇▇ Travel Research discontinues providing such information, reports of similar nature compiled by an authority recognized nationally in the hospitality industry).
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STR Reports. Reports compiled by Smit▇ ▇▇▇vel Research, or its successor, which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes (or, in the event that Smit▇ ▇▇▇vel Research discontinues providing such information, reports of similar nature compiled by an authority recognized nationally in the hospitality industry).
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STR Reports. Reports compiled by Smit▇ ▇▇▇vel Research which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes.
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Examples of STR Reports in a sentence

  • A period of six (6) consecutive calendar months during which there is (i) a twenty percent (20%) decline in average hotel occupancy for the Hotel from the average hotel occupancy levels for same period during the prior calendar year and (ii) a twenty percent (20%) decline in average hotel occupancy for the Hotel’s Competitive Set from the average hotel occupancy levels for the same period during the prior calendar year, as published in the applicable STR Reports.

  • Borrower will provide the Bank with (i) all quality assurance and other reports conducted and prepared by the Franchisor within 30 days of receipt by the Operating Company or the Borrower and (ii) all STR Reports on a quarterly basis within 30 days of each calendar quarter end.

  • Borrower shall also provide Lender with copies of all STR Reports received by Borrower during the preceding month.


More Definitions of STR Reports

STR Reports. Reports compiled by Smit▇ ▇▇▇vel Research which contain historical supply and demand, occupancy, and average rate information for the Facility and hotels with which it competes. Subsidiaries: Corporations or other entities in which Lessee owns, directly or indirectly, 50% or more of the voting rights or control, as applicable (individually, a "Subsidiary").
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Related to STR Reports

  • 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.

  • Parent Reports has the meaning set forth in Section 4.5(a).

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

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 8, 2016 and effective December 31, 2015;

  • Progress Reports The Progress Reports as required by the individual Task Work Orders issued pursuant to this Agreement. Responsible: Responsible or Responsibility means the financial ability, legal capacity, integrity and past performance of Contractor and as such terms have been interpreted relative to public procurements. See NYS Finance Law § 163(1)(c).