BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -TRevPAR. Total revenue per available room, or TRevPAR, is a KPI which, much like RevPAR, focuses on the amount of revenue brought in per available room, regardless of whether those rooms have actually been occupied.

Detailed explanation-2: -Revenue per available room (RevPAR) is a performance measure used in the hospitality industry. RevPAR is calculated by multiplying a hotel’s average daily room rate by its occupancy rate. RevPAR is also calculated by dividing total room revenue by the total number of rooms available in the period being measured.

Detailed explanation-3: -RevPAR stands for revenue per available room, and is one of the most common and important hotel metrics. It provides a glimpse into the number of rooms that are being sold at a hotel and how much revenue is being generated from those bookings.

Detailed explanation-4: -To calculate your RevPAR, simply multiply your average daily rate (ADR) by your occupancy rate.

Detailed explanation-5: -ARR is a measure of the average rate paid for the rooms sold, calculated by dividing total room revenue by rooms sold. RevPar divides the total revenue generated by the hotel by the number of available rooms to sell.