Room Revenue definition

Room Revenue means that portion of Gross Income from Operations attributable to the rental of hotel rooms, upon which Franchisor calculates franchise fees.

Room Revenue divided by "Available Rooms", where:

Room Revenue means all gross revenue derived from the rental of sleeping rooms, net of any applicable rebates and discounts and excluding any incidental revenue such as telephone charges and movie rental; and

Examples of Room Revenue in a sentence

• If any Lessor's Audit discloses a deficiency in the determination or reporting of Room Revenue which, as finally agreed or determined, exceeds 3%, Lessee shall pay the costs of the portion of Lessor's Audit allocable to the determination of Room Revenues (the "Revenue Audit").

• Group will meet its minimum revenue requirements under this Agreement if it fulfills its Adjusted Minimum Room Revenue based on the attrition allowances indicated below.

• In consideration of the entire value your Event brings to the Hotel, we are pleased to offer the following concessions based on Group’s achievement of <amount>% (suggested percentage should not be lower than 90%) or greater of the combined Total Anticipated Sleeping Room Revenue and Total Anticipated Food and Beverage Revenue.

• Therefore, if the contracted Event is held as scheduled, Hotel will not seek performance damages if Group achieves a minimum of <amount>% of the Total Anticipated Sleeping Room Revenue.

• Or, Room Revenue Monthly Fee If as a Best Western member you did not qualify for the Per Room Monthly Fee, the Room Revenue Monthly Fee is the same percent of Property Room Revenue (PRR) as stated in your prior Membership Agreement.

More Definitions of Room Revenue

Room Revenue has the meaning set forth in Section 3.3.

Room Revenue means the aggregate of the amounts charged to Guest(s) for the use and occupation of rooms for the remittance period in question, excluding no-show revenue, cancellation charges, as well as all taxes and incidental charges incurred at the election of a guest such as charges for food and beverage, in-room movies, telephone, facsimile, internet access, room service, mini-bar charges;

Room Revenue means the product of (a) ADR and (b) Total Occupied Rooms.

Room Revenue means gross revenue from the rental of guest rooms, whether to individuals, groups or transients, but excluding the following:

Room Revenue means room revenue as defined in Clause 5. 1

Room Revenue means revenue generated from the sale of room nights

Room Revenue means all revenues, income and proceeds of any kind from the rental of guest rooms (whether from cash, check, credit card, credit transactions or otherwise), including the fair market value of any barter and other non-cash property and services received by the licensee as an alternative to cash payments, excluding any federal, state and municipal excise, sales, resort, use, and other taxes collected from patrons or guests as a part of or based upon the sales price of any goods or services, including gross receipts, room, bed, admission, cabaret, or similar taxes. “Room Revenues” do not include: (i) Food and Beverage Revenues; and (ii) revenues from any other ancillary Hotel facilities. However, if the Hotel sells guest packages that include guest rooms and any other item (including, items in clauses