Revenue Per Available Room (RevPAR) is a performance metric used in the hospitality industry to measure a hotel's ability to fill its available rooms at an average rate. Essentially, it combines occupancy rate and average daily rate (ADR) to provide a snapshot of a hotel's revenue-generating efficiency. Unlike ADR, which only considers revenue from sold rooms, RevPAR reflects the revenue generated from all available rooms, offering a more holistic view of a hotel's operational performance. Understand more about Revenue Per Available Room (RevPAR)
1. ADR * Occupancy Rate
Or
2. Total Room Revenue / Total Available Rooms
Revenue Per Available Room (RevPAR)
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Revenue Per Available Room (RevPAR)
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