Reevaluating the RevPASH Formula: Advancing Analytical Perspectives in Restaurant Revenue and Yield Management
Accurate measurement of performance indicators is essential for effective decision-making in restaurant operations, with revenue and yield management playing a crucial role. Kimes and Chase (1998), Kimes (1999) and Kimes et al. (1999) proposed the use of the revenue per available seat hour (RevPASH) metric which reflects revenue accrued in each time interval or service period divided by the number of seats available during that time for restaurant revenue management.
Service Revenue Number Of Seats Service Hours Revenue Per Available Seat Hour Common Rev Total Service Revenue More Effective Analytical Approach
Source: hospitalitynet.org