TRevPAR, or total revenue per available room, is a performance metric in the hotel industry. TRevPAR is calculated by dividing the total net revenues of a property by the total available rooms.
TRevPAR is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a property, while
RevPAR
RevPAR, or revenue per available room, is a performance metric in the hotel industry that is calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured.Mauri, A. G. (2012), ''Hotel ...
only takes into account revenue from rooms. TRevPAR is useful for hotels where rooms are not necessarily the largest component of the business. Outlets such as banquet halls also provide a source of revenue for these hotels.
Calculation
:
* ''TRevPAR is total net revenue per available room''
* ''Total Revenue'' is the net revenue generated by the hotel
* ''Rooms Available'' is the number of rooms available for sale in the time period.
See also
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RevPAR
RevPAR, or revenue per available room, is a performance metric in the hotel industry that is calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured.Mauri, A. G. (2012), ''Hotel ...
*
GOPPAR GOPPAR is the abbreviation for gross operating profit per available room, a key performance indicator for the hotel industry.
It gives greater insight in the actual performance of a hotel than the most commonly used RevPAR as it not only considers ...
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Adjusted RevPAR
Adjusted RevPAR (or ARPAR, adjusted revenue per available room), is a performance metric used in the hospitality industry. It is calculated by dividing the variable net revenues of a property by the total available rooms (see more formulas below). ...
References
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Pricing
Business terms
Revenue
Hospitality management