What does PP PN mean?
PP PN stands for “Per Person, Per Night,” a common pricing model in the hospitality and travel industry. This pricing structure is especially prevalent in hotels, hostels, bed and breakfasts, and sometimes in vacation rentals. It indicates the cost for one person to stay for one night. This model is often used to provide clarity and transparency in pricing, particularly for group bookings or shared accommodations.
What is per person sharing per night?
“Per person sharing per night” is a specific variation of the PP PN pricing model. It refers to the cost per individual when the accommodation is shared with others, usually in a double or twin room. This pricing is commonly used in scenarios where rooms are designed for multiple occupants, and the cost is split among them. It’s an attractive option for travelers looking for a more economical stay, as sharing a room typically reduces the overall cost per person.
How to calculate the per sharing price?
To calculate the per person sharing price:
Per Person Sharing Price = Total Room Rate per Night / Number of Guests Sharing the Room
Let’s break it down:
- Total Room Rate per Night: This is the full price you would charge for the room per night regardless of the number of occupants. This rate should include any fixed costs associated with the room (like cleaning fees, if applicable), but exclude any variable costs per person (like breakfast if charged separately).
- Number of Guests Sharing the Room: This is the total number of people who will be staying in the room and sharing the cost.
For example, if the total room rate per night is $200 and the room is meant to be shared by two guests, the calculation would be:
Per Person Sharing Price = $200/2 = $100 per person, per night
It’s important for property managers to:
- Clearly communicate this pricing structure to potential guests.
- Ensure the total room rate reflects the value of the accommodation, considering market rates and the amenities offered.
- Remember to factor in any additional fees or taxes that might apply to the total room rate before dividing it by the number of guests.
