Traditional Culture Encyclopedia - Hotel reservation - What does the monthly REPAR of hotel operating income mean?

What does the monthly REPAR of hotel operating income mean?

the monthly report of hotel operating income means:

REPAR is the abbreviation of Revenue Per Available Room. Refers to the average actual operating income generated by each available room. Divide the actual total income of the house by the total number of units of the house, but the actual average house price multiplied by the rental rate is the same.

because the average house price and occupancy rate are more controllable than the total income, more hotels or hotels are used to calculating the actual average house price * occupancy rate.

extended information:

RevPar's calculation formula: RevPar= total room revenue/total number of rooms

RevPar= actual average house price × occupancy rate

occupancy rate = total number of rented rooms/total number of rooms

actual average house price = total room revenue/total number of rented rooms

RevPar, a commonly used measurement method in international hotel industry, reflects that.

Reference:

Baidu Encyclopedia -RevPAR