What is the meaning / definition of REVPASH in the hospitality industry?
REVPASH stands for: Revenue Per Available Seat Hour
REVPASH as a revenue management tool for food and beverage outlets in a hotel (similar to RevPar for Rooms). This calculation is useful to measure the usage and revenue of a seat per hour and it allows a better understanding and planning for the food and beverage manager. Restaurants take reservations but walk-in guests are commonly expected during opening hours.
How do you calculate REVPASH?
- REVPASH Formula: Total Outlet Revenue / (Available Seats x Opening Hours)
It can be calculated hourly, daily, weekly and monthly.
- Revenue Per available seats and hour