RevPab (Revenue Per Available Bed)
What is RevPab? — Explanation
RevPab stands for Revenue per Available Bed and is the equivalent of RevPAR. The devil is in the details, because the only difference is that this key figure is not calculated per available room, but per available bed.
You therefore calculate the lodging turnover per available bed. You can look at this key figure for different time periods.
Just like RevPAR, you can calculate RevPab in two different ways:
- Lodging turnover/ sum of available beds
- Current daily rate (per bed) x occupancy rate in %
Computation
Sample calculation
In the following example, our hotel has 200 beds of which 100 are occupied, at a daily rate of 50€ per bed. This results in a turnover of €5,000. The occupancy rate is 50%. The Revenue Per Available Bed is calculated as follows:
- €5,000/200= €25
- €50 x 0.5 = €25
The example hotel has a revenue of €25. You can see that both calculation methods produce the same result.
Application in practice
RevPab is used less frequently than RevPAR. This is because most hotels primarily look at room occupancy. Then it also makes sense to look at all key figures on the same basis. Hotels that generally work with bed occupancy should therefore look at RevPab rather than RevPAR.
In general, it can't hurt to look at both key figures and compare them. Because only then is it noticeable what role the double and single occupancy of the rooms plays. However, the easy way here would be to look at the double occupancy factor in parallel. It is only important that you do not confuse the different points of view.
See also the TrevPAR on!
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