1. A 360-room hotel generated rooms revenue of $160 per occupied room and its rooms revenue on per available room basis is $36,000. What is its occupancy percentage?

2. A 380-room hotels recorded rooms revenue of $35,000 per available room and its rooms revenue represented 63% of total revenue. What is the hotels TREVPAR?

3. A 370-room generated rooms revenue of $62,015 on per available room basis, and its percentage of rooms revenue to total revenue is 71%. What is the hotels GOPAR if its GOP represented 36% of total revenue?

4. Give a practical definition of revenue management in terms of objectives for a revenue manager.

5. Give a definition of revenue management and yield management while highlighting the differences between the two.