hotel room revenue
Hospitality Financial Leadership – Understanding RevPAR and RevPAR Index
RevPAR and RevPAR index are different and I’m going to explain them both in this article.
Let’s start with RevPAR
It is the cornerstone of the hotel world and rightfully so. It is the product of occupancy and rate smashed together. The acronym stands for “revenue per available room.” In a simple example: If my…