RevPar is Revenue Per Available Room
What Does Revenue Per Available Room - RevPAR Mean?
A performance metric in the hotel industry, which is calculated by multiplying a hotel's average daily room rate (ADR) by its occupancy rate. It may also be calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured.
Keep in mind that RevPAR does not take into account revenue from other hotel services, such as restaurants, in room movies, hotel fees, spas services, etc.. If these services are included, the name becomes TrevPar, meaning Total Revenue Per Available Room.
REVPAR GURU or REVPARGURU.COM is a company based in Miami Florida which provides a software that increases REVPAR.
No comments:
Post a Comment