Revenue Per Available Room definition

Revenue Per Available Room means (i) the term “revenue per available room” as defined by the Revenue Data Publication, or (ii) if the Revenue Data Publication is no longer being used (as more particularly set forth in the definition of “Revenue Data Publication”), the aggregate gross room revenues of the hotel in question for a given period of time divided by the total room nights for such period. If clause (ii) of the preceding sentence is being used, a “room” shall be an available hotel guestroom that is keyed as a single unit.
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Revenue Per Available Room or “RevPAR” means hotel room revenue divided by total number of room nights available to guests for a given period. RevPAR does not include Non-Room Revenues. Management uses RevPAR to identify trend information with respect to room revenues from comparable properties and to evaluate hotel performance. RevPAR is a commonly used performance measure in the hotel industry. RevPAR changes that are driven predominantly by changes in occupancy have different implications for overall revenue levels and incremental profitability than do changes that are driven predominantly by changes in average room rates.
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Revenue Per Available Room or “RevPAR” shall mean for any Fiscal Year the number derived by dividing (i) net room revenue (in accordance with the Uniform System of Accounts), by (ii) the number of available guest rooms in the Hotel.
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Examples of Revenue Per Available Room in a sentence

  • Milpitas hotels experienced a 60% reduction in RevPAR, which is Revenue Per Available Room and is an important metric that assesses a hotel's ability to fill its available rooms at an average rate.

  • Increase in supply coupled with a reduction in demand resulted in a decline in Room Revenue Per Available Room (RevPAR) over this period.

  • The Revenue Per Available Room Global Ranking index 2013 placed Edinburgh in second place behind Paris and ahead of London In light of the above information and the completely different economic climate of today, the supporting documentation for the planning application was manifestly six years out of date and the City of Edinburgh Council cannot determine these applications based on out of date information.

  • The RevPAR (Revenue Per Available Room) of the hotel network increased by 23% compared to 2022.

  • Note: For the Company’s definitions of Revenue Per Available Room (RevPAR) and Total Revenue Per Available Room (Total RevPAR), see “Calculation of RevPAR, Total RevPAR, and Occupancy” below.

  • The document based the demand on the fact that Edinburgh had dropped out of the top 20 Revenue Per Available Room Global Ranking Index for 2005.

  • Though new airlift is generating more stay-over tourists35 (452,000 in 2014, an increase of 11,000) Curaçao has room to improve in terms of ADR (Average Daily Rate) and RevPar (Revenue Per Available Room).

  • The performance of Initial Hotel Properties during the six months ended 30 June 2018 with Revenue Per Available Room (“RevPAR”) decreased by 4% Year-on-Year (“YoY”) to RMB336 (excluding VAT).

  • The sensitivity has been conducted on the Revenue Per Available Room (RevPAR), and discount rate and exit yield.

  • The performance of PRC Hotel Properties during the six months ended 30 June 2019 with Revenue Per Available Room (“RevPAR”) decreased by 4% Year-on-Year (“YoY”) to RMB309 (excluding VAT).


More Definitions of Revenue Per Available Room

Revenue Per Available Room or “RevPAR” means hotel room revenue divided by total number of room nights available to guests for a given period. RevPAR does not include Non-Room Revenues. Management uses RevPAR to identify trend information with respect to room revenues from comparable properties and to evaluate hotel performance. RevPAR is a commonly used performance measure in the hotel industry. RevPAR changes that are
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Related to Revenue Per Available Room

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of: