If all things are equal, a property's RevPAR Index, or RGI, is 100, compared to the aggregated group of hotels. There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. In regards to completing a suspicious transaction report (STR), the likelihood that a transaction may be related to a money laundering/terrorist financing (ML/TF) offence. If you think a term should be updated or added to … Measured by averaging the range of published room rates for various room sizes (single or double, etc.) This page is all about the acronym of STR and its meanings as Survey Team Report. during different times of the year. If the subject hotel’s ADR totals $60, its ARI would be 120, indicating that the hotel captured more than its expected share. Please note that Survey Team Report is not the only meaning of STR. Trend reports are the ideal resource for a thorough analysis of the hotel industry. This page is all about the acronym of STR and its meanings as Suspect Transaction Report. According to the Financial Action Task Force‘s (FATF) Recommendation 20, a suspicious transaction report (STR) or a suspicious activity report (SAR) is filed by a financial institution or, by a concerned citizen, to the local Financial Intelligence Unit if they have reasonable grounds to believe that a transaction is related to criminal activity. The following list describes cases when you may need to convert data to a different data type: 1. Information and translations of STR in the most comprehensive dictionary definitions resource on the web. If an individual 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 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. For STR Segmentation reporting purposes, additional revenue includes F&B Revenue, Other Revenue and Total Revenue, as defined below: See Data Reporting Guidelines for specific application. If the Hotel portfolio managed by Operator has more than 75% of the Hotels achieve a positive RevPAR change versus its competitive set as measured by the monthly STR Report performance, for the following three (3) consecutive month period after notice, then the Operator RevPAR Performance Failure shall be deemed cured and Lessee shall have no right to terminate for such RevPAR Hotels Performance Failure (and any notice of termination with respect thereto shall be deemed null and void). What to Report? Looking for online definition of Str or what Str stands for? Introduction A person who carries on a business or is in charge of or manages a business or is employed Comparisons and calculations are valid only between items of the same data type. showing only Information Technology definitions (show all 105 definitions). Report Quality Review A 2017 Strategic Analysis Report that assesses the overall quality and effectiveness of the Suspicious Transaction Reports submitted by ... 4 STR definition and list of suspicious circumstances and unlawful activities (Annex A) Page 5 of 25 unknown subjects of suspicion. ADR, RevPAR, STR, MPI, oh my! There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. 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). This page is all about the acronym of STR and its meanings as System Technical Report. Suspicious Activity Reports can cover almost any activity that is out of the ordinary. There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. If you find this String definition to be helpful, you can reference it using the citation links above. All definitions on the TechTerms website are written to be technically accurate but also easy to understand. The Section 172 statement made by CoStar UK Limited in accordance with The Companies (Miscellaneous Reporting) Regulations 2018 can be found here.The Section 172 statement made by STR Global Limited in accordance with The Companies (Miscellaneous Reporting) Regulations 2018 can be found here. Please note that Suspect Transaction Report is not the only meaning of STR. Why do I need a STAR Report?• str report definition, Realtek High Definition Audio Driver 2.68, High Definition Audio Driver(2K/XP/2K3) R2.68, Reporting Services LogViewer 1.0 Note: We have 236 other definitions for STR in our Acronym Attic. In addition to viewing the submission details, you can view the output, access the delivery details for the output, redeliver the output, view the source, republish a report definition, and delete the output. Features and services offered at hotels and tracked in STR's Census Database (i.e., restaurant, golf, pool, spa or casino). The compliance officer or anybody who has the knowledge of the STR should preserve secrecy and should not inform the customer or anyone else that may tip the customer that an STR on the customer has been or is about to be submitted except if the disclosure is made by a person: Property with guestroom inventory exclusively consisting of rooms offering more space and furniture than a typical hotel room, including designated living area or multiple rooms. If all things are equal, a property's ARI is expected to be 100, compared to the aggregate group of hotels. new search; suggest new definition; Search for STR in Online Dictionary Encyclopedia This video will lay the groundwork for learning how to read a STR Report, a must know for Hotel Revenue Managers. ReadingYour STAR Reports 15. If an individual 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). A measure of the average rate paid for rooms sold, calculated by dividing room revenue by rooms sold. This page is all about the acronym of STR and its meanings as Suspicious Transaction Report. If however, the individual 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 (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. To calculate an ARI:  (Subject hotel ADR/Aggregated group of hotels’ ADR) x 100 = ARI. The MID platform is the main publication channel for the €STR. In 1988, the company launched the first Smith Travel Accommodations Report (STAR), a monthly report that includes data from hotels and measures each property's market share performance against a self-selected competitive set. F&B Revenue: Revenue derived from the sale of food, beverages and other sources within the F&B department. Make a STR to the FIU in accordance with the Money Laundering & Terrorism (Prevention) Act, 2008 Section 17 (1)(a). Meaning of STR. The 'STR Report' The STR Report was originally called, and continues to stand for, the “Smith Travel and Accommodation Report”. For example, if the subject hotel’s ADR is $50, and the ADR of its competitive set is $50, the subject hotel’s ARI totals 100. Conversely, an ARI below 100 reflects less than the expected share of the aggregated group’s ADR performance. For example, the €STR published on 2 October 2019 – the start date – reflected trading activity on 1 October 2019. The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Setting that shows data online, based on the dSTAR Report. Report pa… Randy Smith was contacted by Holiday Inn multiple times and urged to create a market share.! If you find this String definition to be helpful, you must explicitly convert data... 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