1. A hotel has 500 rooms total. Three rooms were OOO for repairs, 4 rooms were compd. Last night, the hotel sold 100 suites and $250 each, 100 rooms at the discounted rate of $230, and 290 rooms sold at the standard rate of $139. You've already found ADR and Occupancy, now please mark all of the statements that are TRUE that related to calculating REVPAR (revenue per available room) for this property...

a. REVPAR can be calculated by multiplying average daily rate and occupancy percentage (after turning it into a decimal).

b. REVPAR can be calculated by dividing the night's room revenue by the rooms available.

c. The REVPAR for this evening at the property is approximately $177-178 depending on which calculation method chosen.

d. REVPAR can be calculated when rooms available is divided by rooms sold.

e. REVPAR at this hotel demonstrates that even though the hotel enjoyed high occupancy, they may have achieved this by selling a lot of rooms at lower rates.

f. The REVPAR for this evening at the property is approximately $273-274 depending on which calculation method chosen.

2. A large convention hotel has 700 rooms. Rooms 501-515 are Out of Inventory (OOI) for remodeling. 500 rooms were sold at the group rate of $109. 120 rooms were sold at the standard rate of $99. 1 room was compd (free--a rate of zero) as a result of a guest complaint. Please select the correct ADR, Occupancy Percentage, and RevPar for this hotel.

a. ADR $106.89

b. ADR $107.06

c. Occupancy Percentage is 90.6%

d. Occupancy Percentage is 97.8%

e. REVPAR for this property is approximately $102.45

f. REVPAR for this property is approximately $96-97