Revenue Per Available Room (RevPAR)

RECENT NEWS
Forbes  Feb 21  Comment 
Hilton and Marriott are building more hotel rooms despite weak RevPAR.
Motley Fool  Feb 16  Comment 
The hotel chain projects a further slowdown for fiscal 2017 even as it ramps up spending on growth projects.
The Economic Times  Feb 6  Comment 
Companies such as Carlson Rezidor are also expecting an increase in occupancies and room revenue this year. “All our budgets are about 10-12% higher than last year.
newratings.com  Oct 21  Comment 
DENHAM (dpa-AFX) - InterContinental Hotels Group PLC (IHG.L, IHG) reported that its third-quarter Global comparable RevPAR increased 1.3 percent at constant exchange rates, with rate up 1.0 percent and occupancy up 0.3 percent pts. Richard...
Benzinga  Aug 2  Comment 
Choice Hotels International, Inc. (NYSE: CHH) released better-than-expected earnings number for the second quarter driven by 4.3 percent revenue per available room (RevPAR). However, the key metric failed to boost revenue to the expected...
newratings.com  May 6  Comment 
DENHAM (dpa-AFX) - InterContinental Hotels Group PLC (IHG.L, IHG) reported Friday that its first-quarter global comparable RevPAR increased 1.5 percent at constant exchange rates, with rate up 1.0 percent and occupancy up 0.3 percentpts. The...
newratings.com  Mar 21  Comment 
BETHESDA (dpa-AFX) - Marriott International, Inc. (MAR) announced it continues to expect strong RevPAR and unit growth in 2016. The company expects comparable systemwide RevPAR on a constant dollar basis in North America, outside North America and...




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Revenue Per Available Room is a hotel industry financial metric calculated by multiplying the Average Daily Rate by the percentage occupancy.

RevPAR can also be calculated by dividing the total room revenue in a given period (excluding discounts, sales tax and meals) by the number of available rooms in the same period. Conceptually, RevPAR represents the success the hotel is having at filling its rooms. Increasing RevPAR means either that rates or Occupancy Rate are rising, or both.

RevPAR will vary from location to location, will fluctuate seasonally (as well as by day of the week) and over time. Generally, RevPAR numbers quoted for a hotel chain represent annual averages across all the hotel's properties.

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