Total Revenue Per Available Room (TRevPAR)
TRevPAR is total operating revenue (rooms + food and beverage + other operating revenue) divided by total available rooms. STR's glossary provides the formula and frames it as a total-revenue analog to RevPAR.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Asset management; reporting; underwriting
- Property types
- Hospitality
In practice
TRevPAR is most comparable within similar service models (limited service vs full service vs resort), because non-room revenue profiles differ structurally.
Related terms
Operating Performance Metrics
- Average Daily Rate (ADR)
- EBITDA Per Available Room (EBITDA PAR)
- Gross Operating Profit Per Available Room (GOPPAR)
- Labor Cost Per Available Room (LPAR)
- Load Factor (Common Area Factor / Loss Factor)
- Net Effective Rent (NER)
- Occupancy Cost
- Occupancy Cost Ratio
- Rentable Area
- Revenue Per Available Room (RevPAR)
General information, not legal, tax or financial advice.