APPENDIX C: STATUS TAXONOMY — READING THE SYSTEM STATE

HPOT Series Status Codes

ACTIVE: Series operational, hotel running, distributions ongoing.

ONBOARDING: Series issued but hotel acquisition not yet closed.

SUSPENDED: Distributions paused (reserves rebuilding, or force majeure).

DISTRESSED: ACR <0.8, hotel underperforming, potential disposition.

DISPOSITION_PENDING: Vote approved to sell hotel, transaction in progress.

LIQUIDATED: Hotel sold, proceeds distributed, series closed.

Travel Club Tier Status

STARTER: 15-1500 HRPT (basic benefits)

MEMBER: 1,500-15,000 HRPT (+5% discount, 48hr priority)

PRO: 15,000-150,000 HRPT (+10% discount, 7-day priority)

ELITE: 150,000+ HRPT (+15% discount, instant confirmation, Premium AI)

Alert Levels

GREEN (Informational): Positive trends, routine updates. No action needed.

YELLOW (Warning): Metrics outside normal range. Operator investigates.

RED (Critical): Serious issue (occupancy crash, expense spike, review collapse). Requires response.

PURPLE (Emergency): Force majeure, regulatory shutdown, smart contract exploit. Immediate action.