Elaine Ware owns her own nonfranchised full-service hotel. Her competition is intense, so Elaine very carefully monitors the financial performance of her property. Ratios are essential to the management decisions she makes. Use the following information to calculate Elaine’s operating ratios. The figures are based on one day’s operation.
Hotel Total Rooms 225 Rooms Available for Sale 200 Rooms Occupied and Sold 140 Number of Guests 308 Housekeeping Costs Sy ese Rooms Revenue $17,500 Total Revenue from Hotel Guests $53,900 Restaurant Total Food Sales $ 2,700 Total Beverage Sales ¢$ 900 Total Sales $ 3,600 Number of Guests (Covers) Sold 180 Number of Seats in the Restaurant 150 Labor Cost $ 1,260 Food:
Beginning Inventory $ 5,000 Purchases $ 500 Ending Inventory $ 4,565 Transfers Out $—=200 Transfers In $ 100 Employee Meals gS 25 Beverage:
Beginning Inventory $ 7,000 Purchases $ 250 Ending Inventory $ 7,188 Transfers Out $ 100 Transfer In $ 200 Calculate the following:
Hotel

a. Occupancy Percentage

b. Average Daily Rate (ADR)

c. RevPAR

d. RevPAC

e. Housekeeping CPOR Restaurant

f. Check Average oe a g. Seat Turnover oe h. Cost of Food Sold oo i. Food Cost Percentage Co |. Cost of Beverage Sold UG k. Beverage Cost Percentage oo |. Labor Cost Percentage