RevPAR stands for revenue generated for every available room and it is the primary metric for evaluating hotel performance. evaluating hotel performance. Belmond is known for its exotic hotel properties. LVMH, the global luxury brand, acquired Belmond for 3.2 billion dollars or roughly a million dollars per room!
Comparing with the world’s leading hotel groups. You’ll notice that despite being leaders the price per room is valued nominally. This is because these groups today predominantly earn more revenue from management and franchise operations than from the rooms owned and leased themselves. So, we adapt and expand our comparison to luxury resorts.
These luxury resorts house popular casinos and revenue from which has been included in RevPar calculations.
Price per room is in the millions as each room nets approx. 1,500 to 2,000 dollars a night.Belmond’s RevPar is in between hotel groups and casino resorts and by averaging both we get an average price per room of 915 thousand which is near Belmond’s 1 million per room.