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Revenue per Available Room

Revenue PER Available Room (RevPAR)  is a statistic used in the Hotel industry used to measure revenue PER available room. RevPAR is the key indicator of performance for hotels and can be broken down into two parts reflecting occupancy and rates:
RevPAR = occupancy (percentage of available rooms occupied) multiplied with the average room rate per night.

The figure can be used to compare companies but only if they have broadly similar hotels - i.e. similarly priced in similar locations.

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Tuesday, 2023-12-12

The daily puzzle:

What does '*****' mean in the following text?
"The ***** is a World Heritage Site in Portugal defined by the UNESCO in 1989 and definitely a recommended cultural sightseeing location.It our monthly survey.."
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The answer and more
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