A: ### Quick Answer

To find the RevPAR of a hotel, multiply the average occupancy rate during a given time period time by the average daily room rate. RevPAR stands for revenue per available room, and is a financial measure that hotels use to evaluate their performance in a given time period.

Know More**Find the number of days in your chosen time period**As an example, find the RevPAR for a hotel with 100 rooms during the month of January, which has 31 days.

**Calculate the average room occupancy**To calculate the average room occupancy in January, divide the number of occupied rooms by the number of available rooms during the time period. In the example, there are 100 rooms available on each day in January, so in total, there are 3100 rooms available for the whole month (100 rooms times 31 days). If a look through hotel records reveals that 2,200 rooms were occupied in January, then the average room occupancy is 2,200 occupied rooms divided by 3,100 available rooms, which equals 0.71.

**Calculate average room rate**To calculate the average room rate, add up all the room rates and divide the sum by the total number of rooms in the hotel. In this example, there are 20 executive rooms in the hotel that cost $100 per night, and 80 regular rooms that cost $75 per night. The sum of all the room rates is 20 executive rooms times $100 plus 80 regular rooms times $75, which equals $8,000. Thus, the average room rate is the sum ($8,000) divided by the total number of rooms (100). $8,000 divided by 100 gives an average rate of $80 per room.

**Calculate RevPAR**To find the final RevPAR, multiply the average occupancy rate during the chosen time period by the average room rate. In the example, RevPAR is 0.71 times $80, which is $56.80.

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- Q:
## What is a good APR?

A:A good APR, or annual percentage rate, averages about 10 percent. There are some credit card companies that offer APRs as low as 7.5 percent, however, sterling credit is needed to qualify for those offers.

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## What is an annual percentage rate?

A:An annual percentage rate is used to refer to the yearly fee that a customer pays for borrowing money and is often called APR. An APR is most commonly used in cases of loans, credit cards or other credit agreements.

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## What are the remedies to measure and control inflation?

A:The rate of inflation is a measure of the Consumer Price Index, according to Saint Joseph’s College. Inflation control is a part of the monetary policy set by the Federal Reserve that involves the fluctuation of interest rates and the selling of bonds through the U.S. Treasury.

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## How do you calculate the money factor on a lease?

A:In order to calculate the money factor, multiply the annual percentage rate (APR) by 2400. The answer to this multiplication problem is the interest rate the dealer is using to calculate the monthly payment on the lease.

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