Equations Flashcards

1
Q

Revenue

A

Price x Quantity

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2
Q

Occupancy percentage

A

Total rooms sold / Total rooms available for sale

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3
Q

ADR

A

(Average Daily Rate) = Total room revenue / Total rooms sold

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4
Q

RevPAR

A

(Revenue per available room) = Total room revenue / total rooms available for sale

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5
Q

GOPPAR

A

(Gross operation profit per available room) = (Total room & non-room revenue - Cost) / Total rooms available for sale

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6
Q

RevPOR

A

(Revenue per occupied room) = Total room and non-room revenue / Total occupied rooms

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7
Q

RevPASH

A

(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

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8
Q

Occupancy % index

A

(Occupancy % performance of your hotel) / (Occupancy % of competitive set)

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9
Q

ADR index

A

(ADR performance of your hotel) / (ADR performance of competitive set)

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10
Q

RevPAR Index

A

ADR index * Occupancy % index

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11
Q

Total RevPAR

A

(Total room and non-room revenue) / Total rooms available for sale

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12
Q

Flow-Through

A

(GOP this year - GOP last year) / (Total revenue this year - total revenue last year)

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13
Q

Table Occupancy

A

(# of tables used * average dining time in hrs) / (# of tables available * hrs available)

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14
Q

Seat occupancy

A

(# of seats used * Average dining time) / (# of seats available * hrs available)

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