LA Hotel Occupancy Rate Calculator
Calculate occupancy rate, Average Daily Rate (ADR), and Revenue Per Available Room (RevPAR) for Los Angeles hotel properties.
Formulas Used
Available Room-Nights = Total Rooms × Period (Days)
Occupancy Rate (%) = (Occupied Rooms ÷ Available Room-Nights) × 100
Average Daily Rate (ADR) = Total Room Revenue ÷ Occupied Rooms
RevPAR (Revenue Per Available Room) = Total Room Revenue ÷ Available Room-Nights
= ADR × (Occupancy Rate ÷ 100)
Assumptions & References
- LA Metro market benchmarks sourced from STR (CoStar) 2023 Los Angeles Hotel Market Report: Occupancy 74.5%, ADR $218.50, RevPAR $162.78.
- Formula reference: Hotel Revenue Management, American Hotel & Lodging Educational Institute (AHLEI).