Revenue Per Available Room (RevPAR) is a performance measure used in the hospitality industry.
RevPAR is calculated by multiplying the average daily cost of a hotel room by its occupancy.
RevPAR is also calculated by dividing total room revenue by the total number of rooms available in the period being measured.
– RevPAR reflects a hotel’s ability to fill available rooms at an average price.
An increase in real estate RevPAR does not necessarily mean an increase in profits.