Tag: revenue management terms
8
Feb
What is RevPAR anyway?
By admin No comments yet ADR, Hotel Revenue Management, hotel revenue management guide, hotel revenue management lesson, hotel revenue management terms, occupancy, revenue management guide, revenue management lesson, revenue management terms, revpar, RevPAR equation, what is revpar
RevPAR is the Hallmark index of hotel revenue management because it is all encompassing; RevPAR incorporates both occupancy and ADR into one, easily digestible number. The RevPAR, or Revenue Per Available Room equation is as follows: Room Revenue / Rooms Available for Sale = RevPAR or Occupancy % * ADR = RevPAR RevPAR is so useful because it
