Traditional Culture Encyclopedia - Hotel reservation - What does the monthly report "REPAR" mean?
What does the monthly report "REPAR" mean?
Because the average house price and occupancy rate are more controllable than the total income, more hotels or restaurants are used to calculating the actual average house price × occupancy rate.
Extended data:
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.
Baidu encyclopedia -RevPAR
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