BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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-2: -RevPAR Formula & Meaning: RevPAR is a key performance indicator (KPI) that many hoteliers consider the most important of all is RevPAR (Revenue Per Available Room).

Detailed explanation-3: -The REVPAC metric indicator (revenue per available customer) represents the total revenue generated by a single customer. The REVPAC is computed by taking the total revenue generated by all the customers and then dividing that sum by the total number of customers staying at your hotel.

Detailed explanation-4: -RevPAR (Revenue per Available Room) RevPAR shows the amount of revenue generated by one room, whether booked or not. There are two ways to calculate it. You can either divide your total room revenue by the total number of available rooms OR multiply ADR by the occupancy rate.

Detailed explanation-5: -To calculate the Revenue Per Available Night, you would take the total revenue in a time-frame divided by number of bookable nights in the time-frame. Equals ADR * Adjusted Occupancy. Your listing earned $3, 000 last month and you only had 25 days available. $3000 / 25 days = $120 per day is your RevPAR.