From 2014 to 2019, the revenue per available room (RevPAR) of hotels in Venice fluctuated significantly. In 2014, the RevPAR of hotels in this Italian city amounted to 206.5 euros. After peaking at 246.3 euros in 2017, the RevPAR decreased to 216.5 euros in the following year. In 2019, it rose to 226.5 euros. The revenue per available room is a metric used in the hotel industry to understand the profitability of an accommodation. It is calculated by dividing the total revenues with the total number of available rooms in a specific period of time.
Revenue per available room (RevPAR) of hotels in the Italian city of Venice from 2014 to 2019 (in euros)
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Gabetti Property Solutions. (March 26, 2020). Revenue per available room (RevPAR) of hotels in the Italian city of Venice from 2014 to 2019 (in euros) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/1121100/revenue-per-available-room-revpar-of-hotels-in-venice/
Gabetti Property Solutions. "Revenue per available room (RevPAR) of hotels in the Italian city of Venice from 2014 to 2019 (in euros)." Chart. March 26, 2020. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/1121100/revenue-per-available-room-revpar-of-hotels-in-venice/
Gabetti Property Solutions. (2020). Revenue per available room (RevPAR) of hotels in the Italian city of Venice from 2014 to 2019 (in euros). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/1121100/revenue-per-available-room-revpar-of-hotels-in-venice/
Gabetti Property Solutions. "Revenue per Available Room (Revpar) of Hotels in The Italian City of Venice from 2014 to 2019 (in Euros)." Statista, Statista Inc., 26 Mar 2020, https://www.statista.com/statistics/1121100/revenue-per-available-room-revpar-of-hotels-in-venice/
Gabetti Property Solutions, Revenue per available room (RevPAR) of hotels in the Italian city of Venice from 2014 to 2019 (in euros) Statista, https://www.statista.com/statistics/1121100/revenue-per-available-room-revpar-of-hotels-in-venice/ (last visited May 23, 2022)