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:

Synonyms

  • RevPam
  • Revenue Per Available Meter

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About the Author:

As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELSยด diverse expertise and deep-knowledge across revenue management consulting, hotel 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.