The RevPAC calculator computes the Revenue per Availalbe Customer.
INSTRUCTIONS: Choose the preferred units and enter the following:
(R) This is the total revenue from hotel guests.
(n) This is the number of hotel guests.
RevPAC: The calculator returns the revenue per available customer in U.S. dollars. However, this can be automatically converted to other currencies via the pull-down menu.
General Information
RevPAC is a measure of performance, embodies a shift in perspective from an "asset play" based on hotel properties and rooms to a focus on leveraging customer equity for shareholder wealth. RevPAC stands for Revenue Per Available Customer.
Resource:
Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
Libert, Barry D. "From Physical Assets to Customer Equity/ Arthur Andersen / Fall 1996." From Physical Assets to Customer Equity/ Arthur Andersen / Fall 1996. Hotel-Online, Fall 1996. Web. 06 Aug. 2015.
This equation, Revenue per Available Customer (RevPAC), references 0 pages
Datasets
Equations and Data Items
This equation, Revenue per Available Customer (RevPAC), is used in 2 pages