Traditional Culture Encyclopedia - Hotel franchise - The difference between the average house price and revpar
The difference between the average house price and revpar
The difference between these two concepts is the way of calculation and meaning.
1. calculation method: the average room price is the average selling price of hotel rooms, while RevPAR is the average income of hotel rooms, taking into account the average room price and occupancy rate of the hotel.
2. Significance: The average room price is an important indicator of hotel management, which reflects the average sales price level of hotel rooms. RevPAR reflects the overall performance of the hotel more comprehensively, including income and occupancy rate.
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