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.
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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
*
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.
A few data broker companie ...
*
GOPPAR
*
Adjusted RevPAR
References
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Pricing
Business terms
Revenue
Hospitality management