Follow these simple steps to calculate your Revenue Per Available Room (RevPAR) using the Cloudbeds online tool:
Step 1: Visit the RevPAR Calculator
Go to the official Cloudbeds RevPAR Calculator in your web browser. This tool is designed to quickly compute RevPAR based on your hotel’s revenue and available rooms.
Step 2: Enter Total Room Revenue
Locate the input field labeled “Total Room Revenue” and enter your hotel’s total revenue from room sales for the selected period (e.g., daily, monthly, or annually).
Step 3: Enter Total Rooms Available
In the field labeled “Total Rooms Available”, input the total number of rooms available in your hotel for the same period. This is calculated as:Total Available Rooms=Number of Rooms×Number of Days\text{Total Available Rooms} = \text{Number of Rooms} \times \text{Number of Days}Total Available Rooms=Number of Rooms×Number of Days
Step 4: Click the “Calculate” Button
After entering the required details, click the “Calculate” button. The tool will instantly compute the RevPAR for your selected period.
Step 5: Review Your RevPAR
The calculator will display the RevPAR value, which represents the revenue generated per available room. You can use this metric to assess your hotel’s performance and compare it with industry benchmarks.
By following these steps, you can easily determine your hotel’s RevPAR without manual calculations! 🚀
