TRevPAR Calculator: Total Revenue per Available Room

TRevPAR stands for total revenue per available room. STR (CoStar) defines it as "a measure of total operating Revenue Per Available Room (RevPAR)", calculated from the sum of room, food and beverage and all other operating revenue divided by total available rooms. STR writes the abbreviation TrevPAR; this page writes TRevPAR. Both spellings mean the same STR measure.

The TRevPAR formula:

TRevPAR = Total revenue ÷ Rooms available

Total revenue, in STR's definition, is revenue "from all hotel operations": rooms, food and beverage, other revenue departments such as spa, golf and parking, and miscellaneous revenue such as rentals, leases, resort fees and cancellation fees. The calculator has one field for each of these four groups.

Rooms available is the number of rooms in the hotel multiplied by the number of days in the period. Because the denominator is rooms available, not rooms sold, every unsold room night pulls TRevPAR down, the same way it pulls RevPAR down. TRevPAR therefore answers one question: how much revenue from every part of the hotel did each room you could have sold bring in?

1. Choose the Currency: EUR, USD or GBP. It only changes the symbol shown; nothing is converted.
2. Enter Room revenue for the period. It is the only required revenue field.
3. Enter Food and beverage revenue, Other revenue departments (for example spa, golf, parking) and Miscellaneous revenue (for example rentals, leases, resort fees, cancellation fees). Empty revenue fields count as zero, so leave a field blank if your hotel has no revenue of that type.
4. Enter Rooms in the hotel and Days in the period. If you already know your room supply, click Enter rooms available directly and type it into the single Rooms available field instead.
5. Read the results. They update as you type once the required fields are valid. If nothing appears, click Calculate to see which fields are missing or invalid.
6. Click Try an example to load the numbers used below, or Clear to empty the form.

You can type numbers with or without thousands separators, with a decimal point or a decimal comma. Money results show two decimals and the share shows one decimal. The calculator runs in your browser; the numbers you type are not sent or stored by the page.

To calculate total RevPAR by hand, follow the same order: add the four revenue groups, multiply rooms by days, then divide the first figure by the second.

TRevPAR and RevPAR share the same denominator, rooms available. Only the numerator differs: RevPAR uses room revenue, TRevPAR uses total revenue. TRevPAR is therefore equal to or higher than RevPAR, and the difference is the non-room revenue per available room, shown as TRevPAR - RevPAR.

TRevPAR tells you more than RevPAR when the hotel earns money outside its rooms: a restaurant or bar, a spa, parking, rentals or resort fees. A change in TRevPAR with a flat RevPAR points to those departments. For a rooms-only property, the two figures sit close together and RevPAR already describes most of the business.

The Non-room revenue share shows how much of total revenue comes from outside the rooms. Read it together with RevPAR: a higher share can mean guests spent more in your outlets, or that room revenue fell while other revenue stayed level.

Is your TRevPAR good? No single number answers that. It depends on the hotel, the services it offers, the season and the market. Judge it against your own history, the same period last year and your budget, and compare periods that include the same revenue groups.

• Dividing by rooms sold: TRevPAR divides by rooms available. Total revenue divided by rooms sold is a per-occupied-room figure and cannot be compared with TRevPAR.
• Mixing periods: revenue and rooms available must cover the same dates. If the revenue is for a 31-day month, Days in the period must be 31.
• Counting room revenue twice: if you type the hotel's total revenue into Room revenue and then fill the other fields, non-room revenue is added a second time.
• Typing rooms into Rooms available: in the direct field, Rooms available means rooms × days. Entering only the room count inflates TRevPAR by a factor equal to the number of days.
• Changing what goes into each field: if spa revenue is included one month and left out the next, TRevPAR moves although the hotel did not change. Keep the same allocation every period.
• Assuming reporting rules: STR's definitions refer to its separate Data Reporting Guidelines for the detailed treatment of room revenue and rooms available. Check those guidelines if you report to a benchmark, and stay consistent.
• Comparing across currencies: the Currency select only changes the symbol. Results in different currencies are not comparable without a conversion you do yourself.

RevPAR = Room revenue ÷ Rooms available. It is the rooms-only version of TRevPAR, and it also equals ADR × Occupancy, where ADR = Room revenue ÷ Rooms sold and Occupancy = Rooms sold ÷ Rooms available. Work it out on its own with the RevPAR calculator.

Cost per occupied room (CPOR) covers the cost side. STR describes it as total operating expenses for a period divided by the total number of occupied rooms in that period. TRevPAR is revenue per available room; CPOR is cost per occupied room. The denominators differ, so do not subtract one from the other. Use the cost per occupied room calculator for that side.

To compare rooms performance with a competitive set, STR uses the RevPAR Index (RGI): (Subject hotel RevPAR ÷ Aggregated group of hotels' RevPAR) × 100. For further reading on how TRevPAR sits next to other hotel performance measures, see this article on hotel revenue metrics.