Calculation Methodology & Standards
How The Baseline Index measures asset performance in leisure real estate.
The Core Metric: RevPAC (Revenue Per Available Court)
Unlike standard occupancy metrics that ignore pricing variance, or raw revenue figures that obscure capacity limits, RevPAC (Revenue Per Available Court) calculates the true structural yield of a venue. It divides total collected booking revenue by total available court hours across both prime-time and off-peak operating windows. This provides operators and real estate underwriters with a normalized, apples-to-apples comparison across disparate markets.
Data Anonymization & Privacy Guarantee
We treat operator data with institutional-grade security. All raw booking CSVs are fully anonymized, aggregated, and siloed. Competitors can never access or reverse-engineer venue-specific logs. Market baselines are only published when a regional catchment area reaches a statistical threshold of verified operators, ensuring complete commercial confidentiality.
Cohort Data Calibration
The Index operates on a strict peer-cohort model. Padel clubs are benchmarked against padel clubs; boutique fitness venues are benchmarked against equivalent formats. This ensures structural anomalies inherent to different facility types do not skew macro underwriting standards.