That's when we'll hear from the horse's mouths what the future really holds for a Facebook-owned Oculus VR. â¢ Oculus Rift â 10 reasons why all eyes are back on VR. â¢ Facebook and Oculus Rift: game developers react. â¢ Oculus CEO: we want to put 1bn people in virtual reality.
What is 'Revenue Per Available Room - RevPAR'. Revenue per available room (RevPAR) is a performance metric used in the hotel industry and is calculated by multiplying a hotel's average daily room rate (ADR) by its occupancy rate. It may also be calculated by dividing a hotel's total room revenue by the total number of available rooms in the period being measured.
Average daily rates rose by 6 percent last month to $206.32, while RevPAR (revenue per available room) rose by 9.9 percent to $156.12. For the year to date, the regionâs hotel occupancy stands at 73.8 percent, with average daily rates at $243.01 and RevPAR at $179.24.