Average Daily Rate and Revenue per Available Car-day (RevPAC)
This lesson is part of the course
In this lesson
You calculate the average daily rate and RevPAC for each class and for the fleet, and see why RevPAC combines price and utilisation in one number.
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Lessons in this course
- Fleet Utilisation: Rental Days ÷ Available Car-days Locked
- Average Daily Rate and Revenue per Available Car-day (RevPAC) Locked
- Seasonal Demand and the Fleet Size You Need Locked
- Depreciation per Month and per Rental Day Locked
- Cost per Rental Day: Fixed, Variable and the Margin Locked
- Dynamic Pricing by Lead Time and Occupancy, and Simple Overbooking Locked
- One-way Rentals and the Cost of Repositioning Locked
- Fleet Hold-period Decision and the Annual P&L Locked