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Revenue per Available Room

In the hotel industry, a measure of the average daily rate for a room multiplied by the number of rooms used. It is calculated by taking the total revenue for a particular period of time and dividing by the number of rooms rented over the same period. It is important to note that RevPAR only accounts for revenue from room rental and does not include other sources of revenue, such as that from room service or alcohol.

RevPAR (revenue per available room)

A value used to compare investments in comparable hospitality facilities. It is the total room revenue for the period divided by the average number of available rooms.

References in periodicals archive ?
4 per cent decline in RevPAR, however stronger food and beverage demand resulted in a 4.
Total RevPAR experienced a year-over-year decline of 2.
EMEA : RevPAR for hotels in this region increased by 11.
Six markets experienced RevPAR increases of more than 20 percent -- Tokyo (up 104.
2011 has begun strongly with January global RevPar up 8.
Regional hotels are expected to see revpar gains in 2011, rising 4.
7 per cent growth in revPAR in the first quarter of 2009, hotels in Jeddah saw an increase of 30.
In Egypt, home of ancient monuments that have long attracted tourists, hotel occupancy rates fell almost 15 percent in March and revPAR was down over 18 percent compared to the same month of last year.
The Surrey-based firm said its London hotels were able to grow revpar by 4% in the full year to December 31, because of an increase in room rates despite flat occupancy levels.
The hotels group recorded RevPAR (revenue per available room) growth of six per cent at constant currency for the six months to June 30.
Moreover, for 2005, the projected growth in limited-service RevPAR exceeds that of the full-service hotels.
For the fourth quarter through November 30, 2012, RevPAR growth at the Company's total consolidated and same store consolidated hotel portfolio is trending ahead of the Company's prior outlook.