Resortprmonth
Resortprmonth is a term used in the hospitality industry to refer to the average revenue generated per available room per month. This metric is a key performance indicator for hotels and other lodging establishments, providing insights into pricing strategies and occupancy rates over a specific monthly period. It is calculated by dividing the total room revenue for a month by the number of available rooms for that same month. For example, if a hotel generated $100,000 in room revenue in a month and had 5,000 available rooms, the Resortprmonth would be $20.
Understanding Resortprmonth is crucial for hotel management to assess the effectiveness of their revenue management strategies.
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