REVPAM - Revenue Per Available Square Meter Definition / Meaning

REVPAM – Revenue Per Available Square Meter

What is the meaning / definition of REVPAM in the hospitality industry?

REVPAM stands for: Revenue Per Available Square Meter

It is a KPI relevant for hotels which rent out its space for conferences and banquets. The utilization efficiency of the sales department is calculated on the revenue per available square meter of the banquet space.

How do you calculate REVPAM?

REVPAM Formula: Revenue / Available square meter of banquet space (m2)

See Also:

REVPASH

Synonyms

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About the Author:

As CEO and Founder of XOTELS - Revenue Management Consulting, Patrick Landman has made it his mission to turn independent hotels and resorts into local market leaders. XOTELS´ diverse expertise and deep-knowledge across revenue management consulting, hotel management, asset management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.

REVPAM – Revenue Per Available Square Meter

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