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10 Cards in this Set
- Front
- Back
Size of Hotel |
# of rooms |
|
Occupancy Rate |
Rooms Occupied / Rooms Available
*Measure the relationship between supply and demand |
|
Multiple Occupancy Rate |
(# of guests - # of rooms occupied) / # of rooms occupied |
|
ADR |
Total Room Revenue/# of Occupied Rooms |
|
Average Rate Per Guest |
Total Rooms Revenue / # of Guests |
|
RevPAR |
Occ. % x ADR Rooms Revenue / Rooms Available |
|
TRevPAR |
Total Revenue/ Rooms Available Total revenue/ Size of Hotel |
|
GOPPAR |
GOP/Rooms Available GOP/ Size of Hotel GOP= total revenue - expenses (undistributed and operating) |
|
Influences of RevPAR |
Occupancy and ADR, thus a better measurement of hotel performance. |
|
Revenue Management helps... |
match supply and demand categorizes guests |