Meeting Space Yield Calculator
Measure the financial performance of your meeting and event spaces. Enter total revenue, square footage, and hours used to calculate key yield metrics.
Use yield data to set competitive and profitable rental rates.
Identify underperforming spaces or timeslots to improve occupancy.
Focus sales efforts on the most lucrative types of events and clients.
Results
Enter values and click Calculate to see results
Understanding Meeting Space Yield
Meeting space yield is a crucial metric for understanding how effectively you are monetizing your event and function rooms. It moves beyond simple revenue to show how efficiently you are using the physical space and time available.
Yield per Square Foot: Calculated as Total Revenue / Total Square Feet. This metric helps you compare the performance of different-sized rooms and tells you how much revenue each square foot is generating.
Revenue per Hour: Calculated as Total Revenue / Total Hours Used. This metric is essential for pricing and scheduling, helping you understand the value of each hour your space is booked.
Frequently Asked Questions
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