What is RevPAR and how is it calculated?

  Рет қаралды 46,060

HotelRevenueMan

HotelRevenueMan

Күн бұрын

RevPAR is the most important metric in hotel revenue management. In this video we look at a specific example, see how to calculate it and look at the reasons why it's so important. Please visit my updated site at hotelrevenuema....

Пікірлер: 23
@Krisczarek
@Krisczarek 5 жыл бұрын
Thanks for insights of maths from 10 year old in Polish ecucation.
@hotelrevenueman5708
@hotelrevenueman5708 5 жыл бұрын
What's your problem? Who hurt you?
@satputeketan
@satputeketan 7 жыл бұрын
Thank you Mr. Branson for this video. appreciate
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Thanks, Ketan!
@antinhumppaa
@antinhumppaa 5 жыл бұрын
I'm sure you have a good reason not to use excel to do the calculations... but using external calculator just looks very unprofessional.
@nasiruddinmahmud3039
@nasiruddinmahmud3039 6 жыл бұрын
Awesome vedeo sir,Thanks from Bangladesh
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Thanks, sir!
@reina1124
@reina1124 4 жыл бұрын
I'm taking a management course and working on a hotel project. How do measure gross profit based on the information in a 10-K report?
@hotelrevenueman5708
@hotelrevenueman5708 4 жыл бұрын
Thanks so much for reaching out. A trend I see with college students who reach out to me is that teachers have them do a bunch of work that has little-to-no real world value. I have a college degree, but not in hospitality. I just learned all these things on my own and have clients that pay me to help their hotel make money. I have never heard of a 10-K report and none of my clients have ever used one. I have both independent and branded clients. Sorry I couldn't be of more help.
@samerbeirut4375
@samerbeirut4375 5 жыл бұрын
If the ADR is $155 that doesn't means half rooms are for 145 and the other half is 165. I mean theoretically this is correct but in real life you might sell one room for a walk in as $200 and three other rooms for $150 each. Is the average 175 ? No
@erics.8752
@erics.8752 5 жыл бұрын
... Your reasoning is incorrect
@amgedkazamel7587
@amgedkazamel7587 4 жыл бұрын
@@erics.8752 No.. it is correct
@IndigoOutside
@IndigoOutside 3 жыл бұрын
What if some of my rooms are larger (2bedroom/2 bathroom) than others (studio with 2 beds and 1 bathroom)? Do I just consider a room a room? Or do I need to take into account the sizes/number of Occupants (some rooms only can have 2 and some can have up to 6) that can go in each room? The price difference in some of these rooms is a difference of $150 ($159/night and another room for $309/night). Thank you!
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Jamie, for a hotel when considering RevPAR a room is a room. It's real big picture. In the real world though it's good to consider larger rooms for their added value. With Valentine's Day approaching I encourage my clients to drastically raise the rates on their very few Jacuzzi rooms.
@uchiha21ish
@uchiha21ish 3 жыл бұрын
Ma man ur explanation is fantastic, thanks alot
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Thanks for the encouragement!
@amitrawatela4349
@amitrawatela4349 3 жыл бұрын
Love u sir thanks 🙏
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Thanks, Amit!
@Thetorontonews
@Thetorontonews 3 жыл бұрын
Bhai itna time lagaoge to kya ghanta seekhunga
@onlinelearner2832
@onlinelearner2832 6 жыл бұрын
Awesome ! Thanks from Russia!
@hotelrevenueman5708
@hotelrevenueman5708 3 жыл бұрын
Thanks!
@YGMSolo
@YGMSolo 4 жыл бұрын
How to calculate hotels value
Hotel Revenue Management 101 Example
9:37
HotelRevenueMan
Рет қаралды 105 М.
Hotel Revenue Management - How to Calculate Room Cost
13:34
HotelRevenueMan
Рет қаралды 89 М.
Поветкин заставил себя уважать!
01:00
МИНУС БАЛЛ
Рет қаралды 6 МЛН
Which One Is The Best - From Small To Giant #katebrush #shorts
00:17
Hotel Rate Parity: What is it? Is it important? How do I fix it?
11:40
HotelRevenueMan
Рет қаралды 2,5 М.
What is Occupancy, ADR, and RevPAR?
4:02
EquityRoots, Inc.
Рет қаралды 61 М.
How to build a hotel compset to accurately price your rooms
11:40
HotelRevenueMan
Рет қаралды 8 М.
Understanding Hotel Metrics: Occupancy, ADR, RevPAR, and GOPPAR
4:27
Socrat Ghadban
Рет қаралды 19 М.
Forecast & Pick Up
11:59
Revenue Management
Рет қаралды 9 М.
How to tell if a career in Data Analytics is right for you...
7:12
CareerFoundry
Рет қаралды 548 М.
How Hotels Price Rooms
13:01
Kriya RevGEN
Рет қаралды 46 М.
How to improve profit, revenue per guest and customer service quality.
14:30
HotelOga & HotelOnline
Рет қаралды 20 М.
How to STUDY so FAST that it feels ILLEGAL😳
7:21
jspark
Рет қаралды 1,2 МЛН
Hotel Revenue Management with Scott Dahl
11:31
Hotel-Spider
Рет қаралды 20 М.