Traditional Culture Encyclopedia - Hotel franchise - What does rvp mean financially?

What does rvp mean financially?

rvp means the rate of return per room in a hotel.

rvp is short for income par, which is an important basis for measuring hotel housing income. It is calculated as the total room income in a certain period, divided by the total number of rooms in the hotel. Take one day as an example. On a certain day, the room income is 1, yuan, and the hotel has 59 rooms, so divide 1, by the total number of 59 rooms. Instead of dividing it by the room sold. The result is income per room. The larger the value, the better the hotel room income.