RevPAR definition

RevPAR means Hotel occupancy percentage multiplied by average daily rate.

RevPAR means the revenue per available room, determined by taking the actual occupancy rate of the applicable hotel and multiplying such rate by the actual average daily rate of such hotel.

RevPAR means average room revenues per available room per day.

Examples of RevPAR in a sentence

• The strong hotel results reflect the 6.6% REVPAR increase for our comparable properties and the aforementioned developments during 2000.

• These two exhibits establish the fol- lowing: YEAR AVERAGE ROOM RATE AVERAGE OCCUPANCY REV/PAR RATE GOOD BAD GOOD BAD GOOD BAD 1996 $68.19 $69.12 58.93% 51.93% $40.18 $35.90 1997 $72.20 $72.73 65.48% 54.95% $47.27 $39.97 1998 $76.20 $74.78 70.44% 59.22% $53.68 $44.28 1999 $78.42 $76.65 65.48% 56.69% $51.35 $43.45 155 Xxxxxxx Xxxxxx is an expert in the hotel industry for British Columbia, Vancouver Island and the Courtenay areas.

• Within our competitive set, the slight increase in occupancy during 2000 was reinforced by a 5.0% increase in average daily rate which generated a 7.4% increase in REVPAR.

• There can be no assurance that growth in supply will decrease, or that REVPAR and EBITDA will continue to improve.

• Manager will qualify for a Subordinate Management Fee of 1% of Gross Operating Revenues for the applicable Operating Year, subject to Hotel achieving the REVPAR Performance Standard in such Operating Year.

More Definitions of RevPAR

RevPAR means the average revenues per available room per day.

RevPAR means revenue per available room, calculated with respect to any Individual Property by dividing the total guestroom revenue for such Individual Property during the period being measured by the room count and the number of days in the period being measured, as determined by Lender in its discretion.

RevPAR means revenue per available room and is calculated by multiplying ADR by the average daily occupancy. RevPAR is one of the commonly used measures within the hotel industry to evaluate hotel operations. RevPAR does not include revenues from food and beverage sales, parking, telephone or other non-room revenues generated by the property. Although RevPAR does not include these ancillary revenues, it is generally considered the leading indicator of core revenues for many hotels. We also use RevPAR to compare the results of our hotels between periods and to analyze results of our comparable hotels (comparable hotels represent hotels we have owned for the entire period).

RevPAR means revenue per available room and is calculated by multiplying ADR by the average daily occupancy.

RevPAR means, revenue per available room for a hotel property or properties, which is equal to the product of the Occupancy Rate and ADR for such hotel property or properties.

RevPAR means revenue per available room;

RevPAR on any date of determination for any Real Property, an amount equal to (a) the Occupancy Rate for such Real Property for the period of four fiscal quarters most recently ended for which financial statements are available multiplied by (b) Average Daily Rate for such Real Property for such period.