In the hotel industry, a key financial measure of a property's performance is Revenue Per Available Room, or RevPAR. That's the amount of money that each room in a hotel generates on a nightly, weekly, or monthly basis. RevPAR is affected by occupancy and the average daily rate of the hotel's occupied rooms, but for many hoteliers, it's much more than this; it is a measurement that controls whether the hotel sales department accepts or rejects a piece of group business.
Tackling the RevPAR Equation
Make sure that the hotel’s revenue management guidelines don’t leave you struggling to meet unrealistic room block and F&B minimums.