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Lodgcore Hotel Management System

Hotel PMS Glossary — Terms Buyers Actually Need

Quick answer

This glossary defines the terms that appear in hotel PMS buying conversations: PMS, CRS, RMS, OTA, channel manager, booking engine, folio, night audit, ADR, RevPAR and more. Each definition is written for a buyer, not for a vendor brochure.

10–500+ rooms · 12 core modules · 300+ reports · 20+ integrations · 4–8 weeks

By Website technical team · Updated 4 November 2026

Hotel lobby artwork beside the reception

Platform facts

The numbers behind the platform.

The platform runs 10–500+ room properties on 12 core modules, with 300+ report templates and 20+ integration points across 8 interface categories. Deployment comes in 3 models; a typical single-property implementation takes 4–8 weeks. Four product lines cover PMS, POS, membership and procurement; 5 property types are configured; the site is published in 10 languages with 6 knowledge hubs and 24 guides. One guest record and one ledger run the property, with 1 database, 1 folio and 1 audit trail. Reports are available in 2 languages; 4 role groups are supported; quotes reply within 1 business day. A quote has 3 room-count tiers, 5 preparation inputs and 3 implementation phases; cutover is planned in 3 phases. Use these figures to size the evaluation; the quote confirms rooms, modules, interfaces and deployment for your property.

Fact Figure
Property range 10–500+ rooms
Core modules 12
Report templates 300+
Integration points 20+
Integration categories 8
Deployment models 3 — cloud, on-premise, hybrid
Typical implementation 4–8 weeks
Product lines 4 — PMS, POS, membership, procurement
Property types 5
Site languages 10
Knowledge hubs 6
Published guides 24
Guest record 1
Ledger 1
Report languages 2 — English and Chinese
Quote response 1 business day
Role groups 4 — front office, housekeeping, F&B, finance

At a glance

Hotel PMS terms and definitions

TermDefinition
PMSProperty management system: the operational database for rooms, rates, guests, folios and reporting.
CRSCentral reservation system: a chain-level system for inventory, rates and distribution.
RMSRevenue management system: forecasting and rate optimisation, usually separate from the PMS.
OTAOnline travel agency: a third-party channel that sells rooms for a commission.
Channel managerThe interface that syncs availability, rates and restrictions between the PMS and channels.
Booking engineThe direct booking flow on the hotel website, connected to PMS inventory.
FolioThe guest bill: a record of charges, payments, routing and balance for a stay.
Night auditThe end-of-day process that posts room and tax, checks exceptions and rolls the business date.
ADRAverage daily rate: room revenue divided by rooms sold.
RevPARRevenue per available room: room revenue divided by available rooms.
OccupancyRooms sold divided by available rooms, with the denominator defined by policy.
SegmentThe market or source category used to classify a booking, such as leisure, corporate or group.
Rate planA price and inclusion structure, such as flexible, advance purchase or package.
RestrictionA condition of sale, such as minimum stay, closed-to-arrival or maximum stay.
ARAccounts receivable: amounts owed by guests, companies or travel agents after departure.
City ledgerThe AR sub-ledger for company and travel-agent accounts.
HousekeepingThe department and workflow that cleans, inspects and releases rooms.
Out of orderA room removed from sale because it is not fit for a guest.
UpsellAn offer to upgrade or add a service at or before arrival.
Contactless check-inA pre-arrival flow for registration, identity, payment and key issue.
White-labelA platform delivered under a partner’s brand and commercial relationship.
SLAService level agreement: the committed support and availability terms.
RTORecovery time objective: how long recovery may take after an incident.
RPORecovery point objective: how much data may be lost in an incident.

What is a PMS?

A PMS is the property’s operational database. It holds the room inventory, the rate structure, the guest profile, the reservation, the folio and the room status. Every department reads from it or posts into it.

What is a channel manager?

A channel manager syncs availability, rates and restrictions between the PMS and the OTAs. It also brings reservations back into the PMS. It is not the OTA and not the PMS; it is the connection between them.

What are ADR, RevPAR and occupancy?

ADR is room revenue divided by rooms sold. RevPAR is room revenue divided by available rooms. Occupancy is rooms sold divided by available rooms. Each depends on the denominator and the treatment of complimentary, house-use and out-of-order rooms; the definition should be written down.

What is night audit?

Night audit is the end-of-day close. It posts room and tax, processes no-shows, checks discrepancies and exceptions, and rolls the business date. A good close is a configurable sequence with a short exception report, not a binder of manual steps.

What is a folio?

A folio is the guest bill. It records charges, payments, routing rules and the balance. A stay can have split folios, a master folio for a group or a company folio for a corporate account.

Frequently asked questions

Frequently asked questions

What is the difference between a PMS and a CRS?
A PMS runs the property; a CRS manages central inventory and distribution for a chain. A group can run both, but the PMS should still own the guest and the folio.
What is the difference between a channel manager and a booking engine?
A channel manager syncs third-party channels. A booking engine takes direct bookings on the hotel’s own website. Both should use the same PMS inventory.
What is a folio?
The guest bill: charges, payments, routing and balance. It can be split or routed to a company or group account.
What is RevPAR?
Revenue per available room: room revenue divided by available rooms. The definition of available rooms and room revenue must be consistent across reports.
What is an OTA?
An online travel agency that sells rooms for a commission. The PMS connects to it through a channel manager or a direct interface.
What is a white-label PMS?
A PMS delivered under a partner’s brand and commercial relationship. Hosting, support, billing and data ownership are defined in the agreement.

Next step

See the platform on your own workflows.

A 30-minute walkthrough, built around your property type and the systems you already run. No slide deck — we work through arrivals, folios, night audit and reporting live.

Typical reply within one business day.