RevPAN (Revenue Per Available Night)

Revenue Per Available Night (RevPAN) is a key performance metric for vacation rental properties, calculated by dividing total rental revenue by the total number of available nights (occupied + unoccupied). RevPAN combines both occupancy rate and average daily rate into a single metric, making it a more comprehensive measure of revenue performance than either metric alone. For example, a property with 70% occupancy at $150/night has a RevPAN of $105. Professional property managers like Solside Stays track RevPAN across all managed properties to benchmark performance and identify pricing optimization opportunities.