the amount received through selling rooms. it can be calculated in REVPAR (Revenue per available room) and REVPOR (Revenue per occupied room)
In hotal business rooms are rented out to earn revenues that is sometime called rooms revenue.
Average room revevue = total room revenue / no: of rooms sold
Total revenue is called as show below Total Room Rate/Total Rooms Room 1 1000 Room 2 2000 Room 3 500 8000/3=2666.66
Yield Management!
yield managment
what is average revenue?
Amount earn by sold room. That's called room revenue.
Average room revevue = total room revenue / no: of rooms sold
how do calculate total of rooms revenue
NO!!
Total Room Revenue divided by No of Rooms Sold
ARR is known as AVERAGE ROOM REVENUE, the formula to calculate is TOTAL ROOM REVENUE divided by NO OF ROOMS SOLD
housekeeping laundry revenue contribution towards the hotel
Total revenue is called as show below Total Room Rate/Total Rooms Room 1 1000 Room 2 2000 Room 3 500 8000/3=2666.66
ARR = Average Room Revenue
Rev per average room
Total Room Revenue in a Given Period, Net of Discounts, Sales Tax, and Meals---------------------------------------------# of Available Rooms in Same Period
Cost center.