Which is a formula used to calculate RevPAR? a. ADR x Occupancy % = RevPAR b. ADR
Question:
Which is a formula used to calculate RevPAR?
a. ADR x Occupancy % = RevPAR
b. ADR / Occupancy % = RevPAR
c. GOPPAR x Occupancy % = RevPAR
d. GOPPAR / Occupancy % = RevPAR
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
a ADR...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
What is the general formula used to calculate the price of a share of a stock? What does it mean?
-
Multiple Choice Questions 1. An account used to record the owner's investments in the business is called a(n): A) Withdrawals account. B) Capital account. C) Revenue account. D) Expense account. E)...
-
A state government, concerned that one of its defined benefit pension plans is severely underfunded, is considering measures, some substantive, others merely cosmetic, that would enable it to reduce...
-
Alpha corp reports the following results for the current year: net income per books (before federal income taxes ) 738,000 federal income tax expense per books (156,240) net income per books (after...
-
Write research paper on Design Human Interface and explore the topic in detail; provide an overall background of the topic. Include any comparison or contrast of additional System Analysis and Design...
-
Find the domain and range of the given function and identify its level curves. Sketch a typical level curve. g(x, y) = x 2 - y
-
describe the role of strategic groups in defining change challenges; and
-
Construct a new version of Table 4.7, assuming that the concatenator division grows at 20%, 12%, and 6%, instead of 12%, 9%, and 6%. You will get negative early free cash flows. a. Recalculate the PV...
-
How are expenses recognized and measured?
-
Do interruptions while you are working reduce your productivity? According to a University of California-Irvine study, businesspeople are interrupted at the rate of approximately 5 times per hour...
-
A food service manager raises the price of the soft drinks sold in her operation. What will be true as a result of this action? a. Total revenue may increase or decrease b. Total revenue will...
-
A hotel has 200 rooms available for sale. The hotels rack rate is $175 per room. Last night the hotel sold 140 rooms at rack rate. What was this hotels yield last night? a. 70% b. 75% c. 80% d. 65%
-
What are manganese nodules? Why have these known deposits not been mines?
-
Caching. CPUs. Hard disk drives. Parallelism. Pipelining. RAM. Registers. Solid-state drives. Dinkleberg 1. (3 points) You know that neighbor who always one-ups you? Apparently, he just bought a...
-
Information for Question 1 and 2: The National Health Interview Survey is an annual national health survey of people living in about 35,000 randomly selected households in the United States. On the...
-
Q1. There is trampoline on the ground, and connected to spring of spring constant, k, on the bottom. You are holding a child of mass, M on a H tall building top (H is measured from the trampoline to...
-
SPSS for intermediate statistics extra problems solutions d. Approximately how much variance in consumers' tendency to purchase the product could be predicted from these variables? If you owned the...
-
A finance company uses the discount method of calculating interest. The loan principal is $5,000, the interest rate is 10%, and repayment is expected in two years. You will receive 4196.25 X from the...
-
In Problems 3770, solve each inequality. Express your answer using set notation or interval notation. Graph the solution set. 5 + x - 1 > 1 2
-
Differentiate. y = ln(3x + 1) ln(5x + 1)
-
The beginning inventory is 80,000 units. All of the units that were manufactured during the period and 44,000 units of the beginning inventory were sold. The beginning inventory fixed manufacturing...
-
Lawrence Company manufactures only one product. For the year ended December 31, 2012, the contribution margin decreased by $87,500 from the planned level of $375,000. The president of Lawrence...
-
Oasis Faucet Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 50 employees. Each employee presently provides 36 hours of labor per...
-
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
-
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
-
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...
Study smarter with the SolutionInn App