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Tax applied to an item in proportion to its value. |
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Outdoor facility, flat performance area, rising rows of seats or grassy slope for audience. Seating generally in a semi-circle shape. |
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Facility with large flat main floor, fixed seats in a sloping oval around the floor. |
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Room for gathering an audience for speeches or concerts. Seated portion of facility only. |
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Mobile enterprise, offering amusement/entertainment, with portable rides or games. |
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Large facility for sporting events, shows, exhibitions. Arena or stadium class. |
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Similar to a Convention Center, but with an emphasis on meetings and educational functions. Little/no dedicated space. |
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Members of an organization gathered for a common purpose. |
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Facility combining exhibition space and smaller meeting spaces. Hosts trade shows, and other conventions. |
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Joint participation in costs and profit from an event. |
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Days in which there is no activity in a facility. |
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Use of all or part of a facility by one tenant/client. Multiple presentations of the same program on the same day are one event day. |
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Entity to which exclusive rights to provide a service within a facility are given for an agreed compensation. |
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Event at which products and services are displayed. |
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Large room of contiguous flat floor space for exhibitions or trade shows. |
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Total square feet of space used for exhibits times the number of use days divided by the total exhibit space in the building multiplied by 365. (a percentage) |
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Event at which products or services are exhibited. |
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Devoted to the exhibition of products of agriculture or industry. Also provide rides, games, and concessions. |
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Tiered or stepped seating facilities where more than 3 square feet is provided per person. |
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Type of payment involving a fixed fee or a percentage of gross income. |
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Total use days of meeting rooms divided by TOTAL MEETING ROOM DAYS. (percentage) |
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Facility with showrooms and offices and a modest amount of permanent space. |
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Brief statement of the purpose for which an organization was created and its philosophy of operation. |
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Facility equipped so that it can accommodate many types of usage or combines many single-purpose buildings under one operation. |
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Measurement of building use, usually expressed as an annual percentage rate comparing potential facility capacity to actual usage. |
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Type of payment involving a fixed percent of the gross income for that service. |
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Type of payment involving a fixed percent of the net income after costs of providing that service. |
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Legal status which allows another person to act on your behalf in your absence. |
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Operation of a publicly owned buildings by private management firms. |
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Person or organization which has provided the money necessary to produce a show. |
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Person or company carrying full responsibility for costs and receiving all profit from an event. |
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One where general public is invited to attend and an admission fee is usually charged. |
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Show targeted to attendees from a specific geographical region. |
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Elevated platforms accommodating no more than 50 people, generally loose chairs. |
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Person or company underwriting all costs of an event. |
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Facility usually designed for baseball or football. May be domed or open-air. |
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Facility with fixed seats usually on a sloped floor with site lines focused on a permanent stage. |
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Definition
Total number of meeting rooms in a facility multiplied by the number of opportunities to lease the space. |
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Total number of leasable spare feet within a facility multiplied by the number of days in the year. |
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Special purpose office building oriented toward a specific group of users. (furniture, apparel, etc. showrooms.) |
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International term for exposition. |
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Exposition of members of a common or related industry. Not open to the public. |
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Tax placed on hotel/motel room rentals. All or part of revenues generated are used in financing the operation of convention facilities. |
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Definition
Term used as a base unit in calculating occupancies. Use of all or part of the facilities by one client for all or part of one day. |
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Specific site, room, building or facility where large events occur. |
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