Revenue Per Available Square Foot (REVPAS)

Revenue Per Available Square Foot (REVPAS) refers to a key performance metric used in retail and real estate industries to evaluate the revenue generated per unit of available space. It is calculated by dividing the total revenue generated by the total square footage of available retail or real estate space. REVPAS helps businesses assess the efficiency of their space utilization and the effectiveness of their revenue-generating strategies. By optimizing REVPAS, businesses can maximize their revenue potential and profitability.

What is Revenue Per Available Square Foot (REVPAS)?

Revenue Per Available Square Foot (REVPAS) is a metric used in retail and real estate industries to measure the revenue generated per unit of available space. It helps assess space utilization efficiency and revenue-generating strategies.

How is REVPAS calculated?

REVPAS is calculated by dividing the total revenue generated by the total square footage of available retail or real estate space. This provides insights into the productivity and profitability of the utilized space.

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