Traditional Culture Encyclopedia - Hotel reservation - What is the REVPAR indicator?
What is the REVPAR indicator?
The calculation formula of RevPar: RevPar= total room income/total number of rooms.
RevPar= actual average house price × occupancy rate
Occupancy rate = total number of rooms for rent/total number of rooms.
Actual average house price = total room income/total number of rooms for rent.
The concept of revenue per room is used as the basis for measuring and analyzing hotel performance. RevPar is a widely used measure in the international hotel industry, which reflects the room income generated by each room, so it can measure the success of hotel room inventory management.
Suppose:
Hotel A has 200 rooms, the listing price is 400 yuan, the occupancy rate is 60%, and the average room rate is 300 yuan, RevPAR 180 yuan.
Hotel B has 200 rooms, the listing price is 400 yuan, and the room occupancy rate is 70%. The average room rate is 260 yuan, RevPAR 182 yuan.
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