In 2018, the revenue per available room (RevPAR) of hotels in Venice decreased significantly. Data show that the RevPAR dropped by ten percent compared to the previous year. By contrast, the RevPAR of hotels in Bergamo rose by ten percent compared to 2017. The revenue per available room is a metric used in the hotel industry to understand the profitability of one accommodation. This measure is calculated by dividing the total revenues by the total number of available rooms in a specific period of time.
Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018
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CBRE Group. (November 18, 2019). Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/
CBRE Group. "Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018." Chart. November 18, 2019. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/
CBRE Group. (2019). Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/
CBRE Group. "Year-over-year (Yoy) Percentage Change in Revenue per Available Room (Revpar) of Hotels in Selected Cities in Italy in 2018." Statista, Statista Inc., 18 Nov 2019, https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/
CBRE Group, Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018 Statista, https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/ (last visited November 09, 2024)
Year-over-year (YoY) percentage change in revenue per available room (RevPAR) of hotels in selected cities in Italy in 2018 [Graph], CBRE Group, November 18, 2019. [Online]. Available: https://www.statista.com/statistics/1117334/yoy-percentage-change-in-revpar-of-hotels-in-selected-cities-in-italy/
