RevPAR = Occupancy Rate x Nightly Rate

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The Short Term Shop

Pricing & Profitability
beginner
RevPAR
Pricing Strategy
Revenue Management
Occupancy
Profitability

Summary

This video explains RevPAR, which is Revenue Per Available Room, and how it is calculated by multiplying occupancy rate by nightly rate. The video emphasizes the importance of RevPAR in assessing the financial performance of a short-term rental property.