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RevPAR (Revenue per available room)
RevPAR (Revenue per available room)
Total room revenue for the period divided by the average number of available rooms in a hospitality facility.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Reversionary right The return of the rights of possession and quiet enjoyment to the lessor at the expiration of a lease.
Revocation An act of rescinding power previously authorized.
Revolving credit A line of credit that does not have a specified repayment schedule but may require a minimum payment to cover interest and contribute to paying off principal.
Revolving debt A credit arrangement, such as a credit card, that allows a customer to borrow against a preapproved line of credit when purchasing goods and services.
Revolving line of credit An agreement to lend a specific amount to a borrower, and to allow that amount to be borrowed again once it has been repaid.
RevPAR (Revenue per available room)
Ridge board A horizontal board that serves as the apex of the roof structure.
Ridge vent A vent located along the ridge board of the roof that allows moisture to escape.
Right of correlative user The right of a landowner to the reasonable use of underground percolating water.
Right of first offer Right which gives the tenant the first option of buying or leasing occupied property if the owner decides to sell or lease.
Right of first refusal A provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he or she offers it for sale or lease to others.
This dictionary contains 6433 terms. |
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