What is the meaning / definition of  in the hospitality industry?

RevPASF stands for: Revenue per Available Space/ Function.

Similar to RevPASF, it considers revenue for an entire day of events, divided by the function spaces. It gives you a better idea of the profit generated by your meeting rooms. This is part of a more global  strategy.

How do you calculate RevPASF?

RevPASF formula: RevPASF = Total function rooms revenue/ total area available

This indicates you how your function rooms are profitable on a given day/ event.

See also:

  • RevPAR
  • KPI

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