REVPAR

(redirected from Revenue Per Available Room)
Also found in: Financial.
AcronymDefinition
REVPARRevenue Per Available Room (hotel industry)
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References in periodicals archive ?
Revenue per available room (RevPAR) also jumped 5.8 per cent to $66.99.
Here, guest numbers rose an astounding 83.5 percent, Occupancy Rates were up 26.1 percent, Revenues by 73.4 percent, and Revenue Per Available Room by 30.9 percent.
Revenue per available room, however, rose to GBP77.82 from GBP75.29 the year prior.
Nicholas Hyett, equity analyst at Hargreaves Lansdown, said: "Revenue per available rooms is a little lower than hoped for, largely as a result of weak occupancy numbers in the US.
Average revenue per available room in Belfast in first half of this year PS66.11
Ross said the concern, though, is the south Tulsa/Broken Arrow area, where occupancy dropped 0.1 percent and the average daily rate dropped 1 percent, taking revenue per available room down 1.1 percent.
"In the GCC, all markets except Kuwait and Muscat recorded lower revenue per available room, reflecting the slowdown in performance witnessed across the wider Middle East and North Africa (Mena) region," he added.
In Africa, the occupancy rate increased 7.6pc to 62.5pc; Average daily rate grew 8.4pc to $105.89 and revenue per available room was up 16.7pc to $66.14.
"Markets previously impacted by terrorist attacks grew strongly, including revenue per available room growth of 6% in France, and double digit growth in Belgium and Turkey.
"A combination of new supply and lower demand has resulted in a dip in revenue per available room, which is expected to carry into the three next months," the report said.
The company said revenue per available room, which is the sector's preferred measure, grew by 1.3% in the third quarter compared to 2.5% over the previous quarter.
This databook provides data on establishments by hotel category, rooms by hotel category, room occupancy rate by hotel category, rooms nights available by hotel category, rooms nights occupied by hotel category, revenue per available room by hotel category, revenue per occupied room by hotel category, total revenue per available room, total room revenue by hotel category and customer type, total non room revenue by hotel category and customer type, total revenue by hotel category and customer type and guests by hotel category and customer type..