REVPAR & MARKET
SHARE
BY ADE ROY RENALDO
1. Occupancy
BEFORE YOU
2. Rooms Revenue KNOWS!?
3. Total Revenue
4. Average Daily Rate (ADR)
5. Revenue Per Available Room (RevPAR)
6. Market Share based on Number of -KEYWORD
Rooms Sold
7. Market Share based on Revenues
8. Yield Management
9. Operating Efficiency Ratio
10. Profit Margin
Occupancy
Occupancy (Occ)
Occupancy is the percentage of available rooms that were sold during a
specified period of time or Occupancy has function to know the average room
sold. Occupancy is calculated by dividing the number of rooms sold by rooms
available
Occupancy = Rooms Sold / Rooms Available *using percent
Room Revenue
Room Revenue
Total room revenue generated from the sale or rental of
rooms.
Total Revenue
Total Revenue
Revenue from all hotel operations, including rooms sold,
F&B, parking,
laundry, phone, miscellaneous, etc.
Average Daily Rate (ADR)
ADR (Average Daily Rate)
A measure of the average rate paid for rooms sold, or ADR
has function to know the average room rate daily,calculated
by dividing room revenue by rooms sold
ADR = Room Revenue / Rooms Sold
RevPAR
RevPAR (Revenue Per Available Room)
Revenue per Available Room (RevPAR) is the total guest room
revenue divided by the total number of available rooms. RevPAR
differs from ADR because RevPAR is affected by the amount of
unoccupied available rooms, while ADR shows only the average
rate of rooms actually sold.
Occupancy x ADR = RevPAR
Revenue per available room (RevPAR) is an important metric
used to measure financial performance in the hospitality
industry. The metric, which is a function of both room rates and
occupancy, is one of the most important measures of health
among hotel operators. The RevPAR provides rooms revenue
information for each available room, which enables managers
and operators to compare their performance to their
competitors with varying sizes.
-Dr. Gursoy from [Link]
RevPAR Implementation
Market Share Overview
Market Share In Hospitality
Market Share is the number of rooms in our hotel as a
percentage of the rooms in our hotels competitive market
set. Market Set is the total number of rooms we are in
direct competition with, within our areas market and/or
segment.
Market Share based on Number of
Rooms Sold
Market share based on number of rooms sold refers
to the percentage of a market's total room sales that is
sold by a particular company over a specified time period.
Market share is calculated by taking the company's total
room sales over the period and dividing it by the total
number of rooms sold in the market over the same period.
Market Share based on
Revenues
Market share based on revenues refers to the percentage
of a market's total rooms revenue that is generated by a
particular company over a specified time period. Market share
based on revenues is calculated by taking the company's
rooms revenue over the period and dividing it by the total
rooms revenue in the market over the same period.
Q & A SESSION
References
[Link]
[Link]/hospitality
[Link] Access at 05 October 2016
[Link]
[Link]/sg
[Link]