RevPAR


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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 ?
The RevPAR YTD June 2017 for these markets are trending 21%, 10%, and 7% below same time last year.
8 per cent respectively but witnessed a decrease in RevPAR when compared to the same month last year.
6 marginal increase in occupancy to 75 per cent, pulled down RevPAR by 10 per cent to $147.
4 per cent in the corresponding 2009 period while RevPAR plummeted more than 50 per cent to $142.
Due to this under-supply of hotel rooms and despite New York's 2001 RevPAR decline, the city still had the strongest occupancy of any major market in the U.
Total RevPAR experienced a year-over-year decline of 2.
Behind slowing gains in RevPAR are two factors: declining occupancy rates from decelerating growth in demand and accelerating room supply growth," Hanson observes.
45 Egyptian pounds, resulting in RevPAR to jump 134.
3 per cent increase in RevPar last year, mainly due to an increase in corporate demand in the city, as well as the lack of new supply of four and five star hotel rooms.
Both occupancy and ADR continue to decline resulting in a cumulative RevPAR drop of -22% in the first two months of 2017.
Elsewhere in the region, hotels in Makkah and Medina recorded growth in RevPAR during Hajj.
Dubai's hospitality market has absorbed this influx of new supply well and the city's hotels performed exceptionally well, as RevPAR declined only by 0.