GSAIR 2023 : EMEA 28
Glossary of terms
Several acronyms or abbreviations are used in this publication . These are as follows :
ADR : Average Daily Rate .
Agent :
Used more generally to describe an intermediary , either individual or company , booking travel or accommodation on behalf of another party .
AI : Artificial Intelligence .
Aparthotel :
Fully furnished and equipped apartments , which include hotel services such as manned reception and cleaning . Typically used for shorter stays and suitable for business and leisure use .
API : Application programming interface .
Assignment working :
A short or long term stay , undertaken to perform a specific task or project based trip . Stays can last between 30 days and three years 33 and are temporary , whereas Relocation ( see below ), is permanent . Assignment workers are often referred to as assignees .
B2b2c : Business to business to consumer .
Bleisure :
Bleisure trips combine leisure with business , usually by tacking extra days onto a business trip .
BTR : Build To Rent .
Business travel :
A journey specifically taken for work purposes , usually but not always up to seven days . Business travel excludes daily commuting , leisure trips or holidays .
CHPA : Corporate Housing Providers Association .
Coliving :
Corporate housing :
Digital nomad :
Coliving refers to accommodation where multiple unrelated people can live together . Units usually contain large communal spaces as well as private bedrooms . Developments often feature social areas and programmes designed to foster a sense of community .
Residential apartments , packaged up to include servicing and bills , typically bookable for a minimum of 30 nights , either let and maintained by the operator on an ongoing basis or rented specifically for a particular housing requirement and length of time , after which they are handed back to the owner . Corporate housing is also the term used in the U . S . to describe serviced apartments .
A person who earns a living working online in various locations of their choosing , rather than a fixed business location .
EEA : Energy & Environment Alliance . EMEA : Europe , the Middle East , and Africa . ESG : Environmental , Social , and Governance .
Extended reality :
An umbrella term encapsulating Augmented Reality ( AR ), Virtual Reality ( VR ), Mixed Reality ( MR ), and everything in between .
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