It’s the number that shows how well your property really performs.
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Summary
AI-generatedThis video explains the RevPAR formula, which helps short-term rental hosts understand how much money they are making for every available night. RevPAR is calculated by multiplying the occupancy rate by the nightly rate.
Key insights
RevPAR is a crucial metric because it reflects the actual revenue generated for each available night, considering both occupancy and rate.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial