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.[1]
TRevPAR is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a property, while RevPAR 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.[2][3]
Calculationedit
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.
^"TREVPAR Definition". Hospitality Yield Management. May 2011. Retrieved 25 February 2015.
^"TRevPAR: The Most Effective Metric for Revenue Managers?". RC Solutions. REVPAR GURU. Retrieved 25 February 2015.
^"Measurements of performance and benchmarking: REVPAR, TREVPAR and GOP PAR". Hospitality & Catering News. 9 September 2012. Retrieved 25 February 2015.
April 26, 2024
trevpar, total, revenue, available, room, performance, metric, hotel, industry, calculated, dividing, total, revenues, property, total, available, rooms, preferred, metric, accountants, hotel, owners, because, effectively, determines, overall, financial, perfo. 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 1 TRevPAR is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a property while RevPAR 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 2 3 Calculation editT R e v P A R T o t a l R e v e n u e R o o m s A v a i l a b l e displaystyle TRevPAR TotalRevenue RoomsAvailable nbsp 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 editRevPAR GOPPAR Adjusted RevPARReferences edit TREVPAR Definition Hospitality Yield Management May 2011 Retrieved 25 February 2015 TRevPAR The Most Effective Metric for Revenue Managers RC Solutions REVPAR GURU Retrieved 25 February 2015 Measurements of performance and benchmarking REVPAR TREVPAR and GOP PAR Hospitality amp Catering News 9 September 2012 Retrieved 25 February 2015 Retrieved from https en wikipedia org w index php title TRevPAR amp oldid 1216096652, wikipedia, wiki, book, books, library,
