Revenue Generation Index, RGI, RevPAR Index
What is the meaning / definition of RGI in the hospitality industry?
RGI stands for: Revenue Generation Index.
RGI compares your hotel's RevPar to the average RevPar in the market. It is used to determine if a hotel is gaining a fair share of revenue compared to its compset.
How do you calculate RGI?
RGI Formula: RGI= Your Hotel's RevPAR / Hotel Market RevPAR
- RGI = 1 The hotel RevPar is equal to the average RevPar of their comp set
- RGI > 1 The hotel RevPar is higher than the average RevPar of their comp set
- RGI < 1 The hotel RevPar is less than the average RevPar of their comp set