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Revenue
RevPANRevenue Per Available Night
Revenue Per Available Night is the short-term rental equivalent of RevPAR, applied to a whole property rather than a hotel room. It divides total booking revenue by every night the property was available in the period, including nights blocked for maintenance only if they were bookable.
How RevPAN is calculated
RevPAN = Total booking revenue ÷ Nights available
Why RevPAN matters for your revenue
RevPAN is the cleanest single measure of how hard a property is working. It is the figure to use when comparing two homes of different sizes or when deciding whether owner-use nights are costing more than they appear to.
Related terms
- RevPARRevenue Per Available Room measures revenue earned for every night the property was available to book, whether or not it sold. It combines rate and occupancy into one figure, which makes it the standard way to compare performance between periods, properties or markets.
- ADRAverage Daily Rate is the average price paid per booked night over a period. It is calculated from room revenue divided by the number of nights actually sold, so it describes the rate guests paid rather than the rate advertised, and it ignores nights that stayed empty.
- Occupancy rateOccupancy rate is the share of available nights that were booked in a period, expressed as a percentage. Nights the owner blocked for personal use are normally excluded from the available count, so the figure reflects commercial performance rather than calendar availability.
- Gross booking valueGross booking value is the total amount guests paid for confirmed stays in a period, before platform commission, management fees, cleaning costs, taxes and any other deduction. It is the top line of a property's performance.
Revenue Management at Pinnacle Path
RevPAN sits inside our revenue management work. See how we apply it market by market.