GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Park Hotels & Resorts Inc (FRA:HIP) » Definitions » Revenue per Available Room (USD)

Park Hotels & Resorts (FRA:HIP) Revenue per Available Room (USD) : 0.00 (As of . 20)


View and export this data going back to 2017. Start your Free Trial

What is Park Hotels & Resorts Revenue per Available Room (USD)?

Revenue per Available Room (USD), RevPAR, is a metric used in the hotel hospitality industry to measure hotel performance.

The historical rank and industry rank for Park Hotels & Resorts's Revenue per Available Room (USD) or its related term are showing as below:

FRA:HIP's Revenue per Available Room (USD) is not ranked *
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Revenue per Available Room (USD) only.

Park Hotels & Resorts Revenue per Available Room (USD) Historical Data

The historical data trend for Park Hotels & Resorts's Revenue per Available Room (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Park Hotels & Resorts Revenue per Available Room (USD) Chart



Park Hotels & Resorts  (FRA:HIP) Revenue per Available Room (USD) Calculation

Revenue per Available Room (USD) is calculated as

Revenue per Available Room (USD)=Average Daily Rate (USD) * Average Occupancy Rate %
=Total Room Revenue / Number of Available Rooms

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Park Hotels & Resorts  (FRA:HIP) Revenue per Available Room (USD) Explanation

Revenue per Available Room (USD) is a metric used in the hospitality industry to measure hotel performance, calcualted by multiplying Average Daily Rate (USD) by Average Occupancy Rate %. Thus, an increase in a property's RevPAR means that its average room rate or its occupancy rate is improving. However, it does not necessarily mean greater profits as it fails to consider the size of a hotel.


Park Hotels & Resorts Revenue per Available Room (USD) Related Terms

Thank you for viewing the detailed overview of Park Hotels & Resorts's Revenue per Available Room (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Hotels & Resorts (FRA:HIP) Business Description

Industry
Traded in Other Exchanges
Address
1775 Tysons Boulevard, 7th Floor, Tysons, VA, USA, 22102
Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.

Park Hotels & Resorts (FRA:HIP) Headlines

No Headlines