RevPAR (Revenue per Available Room) — a key performance metric that shows the revenue earned per available room, taking into account both occupancy and room rates.
Where to find RevPAR:
RevPAR is to be found in the On Books Report.
Calculation in Noovy:
RevPAR is calculated using the formula:
RevPAR = Total Room Revenue ÷ Total Rooms Available
Or equivalently:
RevPAR = ADR × Occupancy Rate
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Total Room Revenue: Sum of revenue from sold rooms for the selected period.
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Total Rooms Available: Number of rooms multiplied by the number of days in the period.
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Occupancy Rate (OCC%): Percentage of available rooms that were sold.
Why RevPAR matters:
RevPAR gives you a clear view of your property’s revenue efficiency, combining both rate and occupancy. Tracking it helps you:
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Evaluate overall performance beyond just sold rooms.
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Identify periods of strong or weak revenue generation.
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Make informed pricing and operational decisions to maximize revenue.
💡 Tip: Always use RevPAR (Revenue per Available Room) together with ADR (Average Daily Rate) and Occupancy Rate for a complete picture of your property’s performance.