KPI for Measuring of Revenue per Available Room (Revpar) posted in category Hotels
WinningKPI - Hotels - KPI for Measuring of Revenue per Available Room (Revpar) posted in category Hotels 
This indicator is for measuring the room sales performance. It looks at how much revenue the hotel is earning per every room available. Revpar is calculated based on average room rate and occupancy levels; however, it can also be measured through total daily revenue. Managers use this KPI to benchmark against competition, especially against hotels of the same type, or with the same target market. Revpar is also a very powerful tool for optimizing the balance between room occupancy levels and average room rates charged. For instance, a hotel may choose to higher their rates in peak seasons and bring them down in off peak periods. The Revpar KPI informs the management on how to best alter the room rates to maximise occupancy whilst maintaining profit margins. Formula: Occupancy Level x Average Room Rate Or Total Revenue per Day/ Total Hotel Rooms (both sold and unsold)) KPI Units: Money KPI Time Frame: update quarterly Posted by Oana Boteanu | Help to protect community: Flag for moderation Useful KPI? Download KPI as a .BSC project or start a web-based KPI project. Ideas suggested by WinningKPI community:Here are comments:
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