TRevPAR (Total Revenue per Available Room)
TRevPAR, or Total Revenue per Available Room, is a hospitality metric used to assess a property’s overall financial performance. It includes revenue sources generated by the property, such as room revenue, food and beverage sales, parking, spa services, and other amenities.
TRevPAR is calculated by dividing total revenue by the total number of available rooms.
Unlike RevPAR (Revenue per Available Room), which only considers room revenue, TRevPAR provides a more holistic view of the property’s performance and helps evaluate the total revenue contribution of each available room.