Home > Term: revenue per available room (RevPAR)
revenue per available room (RevPAR)
A performance measurement commonly used in the hotel industry. It is calculated by dividing a hotel's net rooms revenue by the total number of available rooms, or by multiplying a hotel's average daily room rate (ADR) by its occupancy.
- Part of Speech: noun
- Industry/Domain: Convention
- Category: Conferences
- Company: CIC
0
Creator
- Apxhbt
- 100% positive feedback