Home > Terms > English, UK (UE) > Revenueper available room (REVPAR)
Revenueper available room (REVPAR)
Revpar is the key measure in the performance of the core business of hotels-selling rooms. Revenue per available room (revpar) is the key indicator of performance for hotels and can be broken down into two parts reflecting occupancy and rates: Revpar = occupancy (percentage of available rooms occupied) × average room rate per night. Trends in revpar are very important. Revpar can be used to compare companies but only if they have broadly similar hotels - i.e. Similarly priced in similar locations. This is less unlikely than it may seem as most hotels companies give regional breakdowns of revpar and this can be compared.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Tourism & hospitality
- Category: Hotels
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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