how do calculate total of 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
ARR is known as AVERAGE ROOM REVENUE, the formula to calculate is TOTAL ROOM REVENUE divided by NO OF ROOMS SOLD
Total Room Revenue in a Given Period, Net of Discounts, Sales Tax, and Meals---------------------------------------------# of Available Rooms in Same Period
To calculate total revenue you simply multiply the quantity by the price. Total revenue includes expenses; therefore, total revenue isn't the same as profit.
Revenue per available room (RevPar) is calculated by dividing total room revenue by the total number of rooms available for sale. The formula is: RevPar = Total Room Revenue / Total Number of Available Rooms.
You can calculate the total revenue percentage by substituting the variable X for the monthly revenue, the variable Y for the period of time, and then multiple these to solve for the total revenue percentage.
To calculate total revenue in economics, multiply the price of a product by the quantity sold. Total revenue Price x Quantity.
Total Room Revenue divided by No of Rooms Sold
How to calcalate total revenue
Average room rate is the total revenue generated from all occupied rooms, divide by the number of occupied rooms (including complimentary rooms) - House use rooms. Example - The total revenue generated from a hotel room sales is = $5,000 The total rooms occupied is 50 (including complimentary rooms) The Average Room Rate = $100.00
Profit=Total revenue - Total cost