Rooms Sold Formula
Using the first formula and the information above we can calculate that company xyz s revpar was.
Rooms sold formula. Trevpar is calculated by dividing total revenue by total number of rooms. 90 average occupancy rate. Adr room revenue rooms sold. The formula for occupancy percentage number of rooms occupied total number of rooms available for sale 100 there are generally two ways used to calculate the occupancy percentage in hotel one by the number of rooms occupied and another by the rooms sold rooms sold occupied rooms complimentary and house use.
Revenue per available room. Using the second formula we can arrive at the same answer. Rooms revenue earned number of rooms sold of course when you are using this formula you need to exclude any rooms that are complimentary or rooms that are currently being occupied by staff members. 1 875 75 25.
The cpor formula helps calculate the average cost per occupied room. Revenue per available room revpar is a performance measure used in the hospitality industry. In the last line one can see the difference between the. The flower cost per room sold budget line shows the amount that one is allowed to spend according to the budgeted figures.
Total flower cost per room sold. Naturally you ll want to try to increase trevpar as this will indicate an increase in average revenue occupancy or both. Room revenue adr room nights sold jan 2015 10 748 99 74 65 144 room nights sold feb 2015 619 24 11 06 56 room nights sold mar 2015 1925 64 24 69 78 room nights sold. Revpar is calculated by multiplying a hotel s average daily room rate by its occupancy rate.
75 total room revenue 1000 rooms x 90 room x 75 occupancy x 90 nights in the quarter. This is another kpi to measure and analyse if the operating cost for each room is reasonable. The second page of the spreadsheet highlights the flower cost per room sold. How do you calculate cpor.
Formula for average guest per room apr apr calculator average guest per room apr provides the average number of guests occupied per room in the hotel this ratio is normally based on the total guest in the hotel including children divided by the total number of rooms sold. Total rooms departments cost number of rooms sold. It is a very classic kpi and regarded as one of the most important financial calculation for any hotel to see how much revenue they have made within a certain period of time.