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Outdoor Hospitality Glossary

Industry terms explained in plain language. Browse definitions for glamping, RV resorts, campgrounds, feasibility studies, and appraisals.

C

Cabin

Glamping

A small house, typically made of wood, situated in a natural setting, ranging from rustic to luxurious and providing…

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Campground

RV & Campground

An outdoor facility providing spaces for tent camping and sometimes RVs, typically with basic amenities like restrooms,…

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Canvas Tent

Glamping

A tent made from heavy-duty canvas material, known for durability and breathability, used in glamping to provide…

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Cap Rate (Capitalization Rate)

Financial

The rate of return on a real estate investment based on expected income, calculated by dividing net operating income by…

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Cash Flow

Financial

The net amount of cash and cash equivalents moving into and out of a property, representing the actual cash generated…

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Cash-on-Cash Return

Financial

The annual return on the actual cash invested in a property, calculated by dividing annual pre-tax cash flow by total…

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Comparable Sales

Feasibility & Appraisal

Similar properties that have recently sold, used as benchmarks to determine a property's market value in the sales…

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Competitive Analysis

Feasibility & Appraisal

An assessment of competing properties and businesses in the market to understand competitive positioning, pricing, and…

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Construction Costs

Real Estate

The cost to build structures, facilities, and improvements on a property, including materials, labor, and contractor…

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Converted Container

Glamping

A glamping accommodation created from repurposed shipping containers, converted into comfortable living spaces with…

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Cost Approach

Feasibility & Appraisal

A property valuation method that estimates value based on the cost to replace or reproduce the property, minus…

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Covered Wagon

Glamping

A replica of traditional Conestoga wagons used during American westward expansion, adapted as stationary glamping…

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