A segment of revenue for hotels applied to RevPAR as a percent.
Food and Beverage (F&B) Management is a segment of the hospitality industry that focuses on operations in restaurants, hotels, resorts, catering companies, hospitals, hotels, and more. It includes the business side of food, like ordering and inventory, managing budgets, and planning and costing menus. Net F&B Revenue in Delve’s financial model expects to be a percentage value as a percentage of RevPAR.
How this is used
The Net F&B Revenue is user assumption in the form of percentage. It will be applied to RevPAR as part of the additional revenue and multiplied by 365 days for calculating the total annual revenue for an available room (Total Annual RevPAR).