Equations Flashcards
Revenue
Price x Quantity
Occupancy percentage
Total rooms sold / Total rooms available for sale
ADR
(Average Daily Rate) = Total room revenue / Total rooms sold
RevPAR
(Revenue per available room) = Total room revenue / total rooms available for sale
GOPPAR
(Gross operation profit per available room) = (Total room & non-room revenue - Cost) / Total rooms available for sale
RevPOR
(Revenue per occupied room) = Total room and non-room revenue / Total occupied rooms
RevPASH
(Revenue per available seat hour) = Total period revenue / (No. of available seats x Hours of seat availability) or
Revenue in an hours / seats available or
Average seat occupancy % * average check
Occupancy % index
(Occupancy % performance of your hotel) / (Occupancy % of competitive set)
ADR index
(ADR performance of your hotel) / (ADR performance of competitive set)
RevPAR Index
ADR index * Occupancy % index
Total RevPAR
(Total room and non-room revenue) / Total rooms available for sale
Flow-Through
(GOP this year - GOP last year) / (Total revenue this year - total revenue last year)
Table Occupancy
(# of tables used * average dining time in hrs) / (# of tables available * hrs available)
Seat occupancy
(# of seats used * Average dining time) / (# of seats available * hrs available)