GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (FRA:MGG) » Definitions » Revenue per Available Room (USD)

MGM Resorts International (FRA:MGG) Revenue per Available Room (USD) : 0.00 (As of . 20)


View and export this data going back to 1997. Start your Free Trial

What is MGM Resorts International Revenue per Available Room (USD)?

Revenue per Available Room (USD), RevPAR, is a metric used in the hotel hospitality industry to measure hotel performance.

The historical rank and industry rank for MGM Resorts International's Revenue per Available Room (USD) or its related term are showing as below:

FRA:MGG's Revenue per Available Room (USD) is not ranked *
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Revenue per Available Room (USD) only.

MGM Resorts International Revenue per Available Room (USD) Historical Data

The historical data trend for MGM Resorts International's Revenue per Available Room (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGM Resorts International Revenue per Available Room (USD) Chart


MGM Resorts International  (FRA:MGG) Revenue per Available Room (USD) Calculation

Revenue per Available Room (USD) is calculated as

Revenue per Available Room (USD)=Average Daily Rate (USD) * Average Occupancy Rate %
=Total Room Revenue / Number of Available Rooms

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGM Resorts International  (FRA:MGG) Revenue per Available Room (USD) Explanation

Revenue per Available Room (USD) is a metric used in the hospitality industry to measure hotel performance, calcualted by multiplying Average Daily Rate (USD) by Average Occupancy Rate %. Thus, an increase in a property's RevPAR means that its average room rate or its occupancy rate is improving. However, it does not necessarily mean greater profits as it fails to consider the size of a hotel.

MGM Resorts International Revenue per Available Room (USD) Related Terms

Thank you for viewing the detailed overview of MGM Resorts International's Revenue per Available Room (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.

MGM Resorts International (FRA:MGG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (FRA:MGG) » Definitions » Revenue per Available Room (USD)
Comparable Companies
WYNN CZR MTN BYD HGV VAC RRR MLCO PENN MSC LVS HKSE:01928 HKSE:00027 SGX:G13 HKSE:02282 HKSE:01128 XKLS:3182 XKLS:4715 XPAR:BAIN HKSE:00880
Traded in Other Exchanges
MGM:USA MGM:Mexico M1GM34:Brazil
Address
3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Website
https://www.mgmresorts.com
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.

MGM Resorts International (FRA:MGG) Headlines

No Headlines