Massive surge in high season RevPar
Independent hotels in South Africa have recorded a surge in RevPar (revenue per available room), growing by 46% in December 2022 compared with the same period a year ago, according to statistics released by hotel management software company, RoomRaccoon.
On December 31, the average RevPar was R2 023 – the highest volume recorded by hotel management software company, RoomRaccoon since it launched its South African division in November 2017.
The record-breaking figure comes as a result of increased hotel occupancy over the new year period, which surged to 79% on December 31, in combination with a 20% increase in ADR (average daily rate), from R2 116 in 2021 to R2 560 in 2022.
Source: Tarvel News