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Summit Hotel Properties (Summit Hotel Properties) Revenue per Available Room (USD) : 0.00 (As of . 20)


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What is Summit Hotel Properties 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 Summit Hotel Properties's Revenue per Available Room (USD) or its related term are showing as below:

INNpCCL.PFD's Revenue per Available Room (USD) is not ranked *
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Revenue per Available Room (USD) only.

Summit Hotel Properties Revenue per Available Room (USD) Historical Data

The historical data trend for Summit Hotel Properties'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.

Summit Hotel Properties Revenue per Available Room (USD) Chart


Summit Hotel Properties  (NYSE:INNpCCL.PFD) 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.

Summit Hotel Properties  (NYSE:INNpCCL.PFD) 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.

Summit Hotel Properties Revenue per Available Room (USD) Related Terms

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Summit Hotel Properties (Summit Hotel Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INNpCCL.PFD) » Definitions » Revenue per Available Room (USD)
Comparable Companies
CLDT HT BHR AHT SOHO IHT SVC XHR PEB RLJ HST RHP APLE TSE:8963 XPAR:COVH PK TSE:8985 SHO DRH TSE:3287
Traded in Other Exchanges
INNpE.PFD:USA INN:USA
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Website
https://www.shpreit.com
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.