Noun
RevPAR (countable and uncountable, plural RevPARs)
(business) Abbreviation of revenue per available room: a profitability metric used by hotels.
According to an ICRA report, with the pick-up in Revenue per available room (RevPAR)s, and the industry prospects, PE/VC interest in hotels is likely to pickup further, reports TOI. Source: Internet
Caribbean hotels also generated RevPAR increases of more than 10 percent in January, April and May, and the same hotels also posted positive ADR and RevPAR figures in every month of 2014, said STR officials. Source: Internet
In the fourth quarter last year, RevPAR rose 1.1%. Source: Internet
The company faces greater supply growth compared to its peers, further limiting both RevPAR and EBITDA upside, according to Goldman Sachs. Source: Internet
The report expects the RevPAR (revenue per available room) metric to sharply increase in 2021, occupancy to return to normal in 2023, and RevPAR to return to 2019 levels by 2024. Source: Internet