If all things are equal, a property's ARI is expected to be 100, compared to the aggregate group of hotels. A publicly recognized brand or chain with consistent brand standards across a group of properties. What does STR mean? If all things are equal, a property's RevPAR Index, or RGI, is 100, compared to the aggregated group of hotels. Meaning of STR. Measures a hotel’s RevPAR performance relative to an aggregated grouping of hotels (i.e., competitive set, market or submarket, etc.). ADR, RevPAR, STR, MPI, oh my! 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. This page is all about the acronym of STR and its meanings as Survey Team Report. Features and services offered at hotels and tracked in STR's Census Database (i.e., restaurant, golf, pool, spa or casino). There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. 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. Str is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary Suspicious Activity Reports can cover almost any activity that is out of the ordinary. STR Report means Smith Travel Research Report produced for the Hotel by Smith Travel Research or, if Smith Travel Research no longer is in existence, the successor of Smith Travel Research or such other industry resource that is equally as reputable as Smith Travel Research will be substituted, in order to obtain substantially the same result as would be obtained if Smith Travel Research has not ceased to … 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. 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. Scientific tools such as FBI approved STRmix incorporate this research technique. STR: Abbreviation for: scotopic threshold response seven-transmembrane receptor short tandem repeat single-twitch response soluble transferrin receptor Specialty Registrar (StR), see there Structured Training Report, see there subtotal resection superior temporal region supratrigeminal region systolic time ratio Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. Definitions Accountant. This page is all about the acronym of STR and its meanings as Suspect Transaction Report. User guide to submit suspicious transaction report (STR) on the registration and reporting platform of the Financial Intelligence Centre Version 3.0 | 19 August 2019 Page 9 of 56 2. 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). Why do I need a STAR 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. If you find this String definition to be helpful, you can reference it using the citation links above. Property with rooms sold as a complete package only, bundling overnight accommodations and value-added amenities and services (i.e., food, beverage, activities and gratuities, etc.). All definitions on the TechTerms website are written to be technically accurate but also easy to understand. A company that manages investments on behalf of the owner. Suspicious Transaction Reports (STRs) In line with provisions of section 30 of the MLPC Act, financial institutions and non-financial business and professions are required to identify and promptly report suspicious transactions to the Unit, but not later than three working days after forming the suspicion. STR Mechanical, based in Charlotte, North Carolina, is a provider of commercial and industrial mechanical services, including maintenance, repair, and replacement services, and temperature control system installations. 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. This page is all about the acronym of STR and its meanings as System Technical Report. There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. The €STR is published on the ECB’s website, via the ECB’s Market Information Dissemination (MID) platform and in the ECB’s Statistical Data Warehouse (SDW). Measures a hotel’s ADR performance relative to an aggregated grouping of hotels (i.e., competitive set, market or submarket). It is the aggregation of data voluntarily supplied by hotels to STR that describes how a set of competing hotels , the ‘compset’, is performing financially relative to a client hotel. A Y-STR is a short tandem repeat (STR) on the Y-chromosome.Y-STRs are often used in forensics, paternity, and genealogical DNA testing.Y-STRs are taken specifically from the male Y chromosome. Have you ever looked at a STR report and felt like you were trying to read a different language? 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. Other Revenue: All revenue generated outside of rooms and F&B departments. When hotels in the STR Census Database do not report data to STR, published rates are used to estimate actual Average Daily Rate (ADR). Information and translations of STR in the most comprehensive dictionary definitions resource on the web. All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. Please note that System Technical Report is not the only meaning of STR. 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. ReadingYour STAR Reports 15. during different times of the year. Setting that shows data online, based on the dSTAR Report. 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). 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). If you think a term should be updated or added to … Randy Smith was contacted by Holiday Inn multiple times and urged to create a market share report. There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. Note: We have 236 other definitions for STR in our Acronym Attic. Historically, this is described as "fair share.". This page is all about the acronym of STR and its meanings as Suspicious Transaction Report. STR Form – Banking Institutions. The 'STR Report' The STR Report was originally called, and continues to stand for, the “Smith Travel and Accommodation Report”. 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. Generally, STR creates or designates an affiliation after the company portfolio has a minimum of eight properties. The following list describes cases when you may need to convert data to a different data type: 1. 6.1 Understanding Report Definition Output. str report definition, Realtek High Definition Audio Driver 2.68, High Definition Audio Driver(2K/XP/2K3) R2.68, Reporting Services LogViewer 1.0 STAR Data LoadingHow• Most data received via corporate feeds• Data for independents entered via STR webWhen• Monthly data starts arriving after month end• Daily data for prior week arrives on Monday or Tuesday except for holidays 14. new search; suggest new definition; Search for STR in Online Dictionary Encyclopedia Responsive Website Design , Development & Hosting by mtc. Between all the acronyms and numbers, it’s easy to feel a little lost. If the subject hotel’s ADR totals $60, its ARI would be 120, indicating that the hotel captured more than its expected share. An ARI greater than 100 represents more than the expected share of the aggregated group’s ADR performance. STR sets the standard for data intelligence and global benchmarking, allowing you to compete strategically, plan for the future and understand your customers. A publicly recognized brand or chain with consistent brand standards across a group of properties. To calculate an ARI:  (Subject hotel ADR/Aggregated group of hotels’ ADR) x 100 = ARI. This video will lay the groundwork for learning how to read a STR Report, a must know for Hotel Revenue Managers. Trend reports are the ideal resource for a thorough analysis of the hotel industry. The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Comparisons and calculations are valid only between items of the same data type. If the subject hotel’s ADR totals $40, its ARI would be 80, indicating that the hotel has captured less than its expected share. If the data types do not match, you must explicitly convert the data type in the report item by using an expression. There may be more than one definition of STR, so check it out on our dictionary for all meanings of STR one by one. The Section 172 statement made by STR Global Limited in accordance with The Companies (Miscellaneous Reporting) Regulations 2018 can be found here. Conversely, an ARI below 100 reflects less than the expected share of the aggregated group’s ADR performance. In this article, we’ll share some tips on unlocking the treasure trove of data within your STR report. Introduction A person who carries on a business or is in charge of or manages a business or is employed showing only Information Technology definitions (show all 105 definitions). A person or entity that is responsible for hotel project design, planning and, in many cases, construction supervision. Please note that Suspect Transaction Report is not the only meaning of STR. STR analysis is a tool in forensic analysis that evaluates specific STR regions found on nuclear DNA.The variable (polymorphic) nature of the STR regions that are analyzed for forensic testing intensifies the discrimination between one DNA profile and another. Please note that Suspicious Transaction Report is not the only meaning of STR. For example, the €STR published on 2 October 2019 – the start date – reflected trading activity on 1 October 2019. The MID platform is the main publication channel for the €STR. Comparing the value of a report pa… After a report definition has been submitted to BI Publisher, you can view the output in the Report Definition Jobs application (P95630). F&B Revenue: Revenue derived from the sale of food, beverages and other sources within the F&B department. Once you can read a STR report, you can apply your knowledge about your hotel markets compset and market trends to your own hotel’s strategy, which will help you meet your revenue and occupancy goals. Years’ worth of monthly, YTD and total-year performance metrics. Please note that Survey Team Report is not the only meaning of STR. Measured by averaging the range of published room rates for various room sizes (single or double, etc.) Looking for online definition of Str or what Str stands for? 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: A measure of the average rate paid for rooms sold, calculated by dividing room revenue by rooms sold. Total Revenue: All revenue generated from hotel operations listed above as rooms, F&B and other revenue. STR reports are not to be confused with hotel star ratings, they help us understand financial performance of an asset rather than guest sentiment. Definition of STR in the Definitions.net dictionary. 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. Please select your region below to continue. Make a STR to the FIU in accordance with the Money Laundering & Terrorism (Prevention) Act, 2008 Section 17 (1)(a). Generally, STR creates or designates an affiliation after the company portfolio has a … What to Report? 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. 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