Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Thandi and Darla each own large 250-room select-service hotels near the busy city international airport. The following chart details the result of their

 

1. Thandi and Darla each own large 250-room select-service hotels near the busy city international airport. The following chart details the result of their most recent room sales for a five-day period. Day Thandi's Hotel 250 rooms Rooms Sold Monday 205 Tuesday 230 Wednesday 226 Thursday 228 Friday 195 Five-day total ADR Occupancy RevPAR Rooms ($) ($) Sold % 117.21 82.0 135.45 92.0 131.25 90.4 132.22 126.80 78.0 158 124.61 249 118.65 230 120.58 248 89.86 138 a. What was Thandi's RevPAR on Monday? b. What was Darla's ADR on Monday? c. What was Darla's occupancy percentage on Wednesday? d. What was Thandi's occupancy percentage on Thursday? e. What was Thandi's ADR on Friday? f. What was Darla's occupancy percentage on Friday? g. How many rooms did Thandi sell during the five days? h. What was Thandi's occupancy percentage for the five days? i. What was Thandi's five-day Rev PAR total? j. How many rooms did Darla sell during the five days? k. What was Darla's ADR for the five-day period? Darla's Hotel 250 rooms ADR ($) Occupancy RevPAR ($) 62.64 89.17 83.85 91.41 56.03 76.62 % 63.2 89.53 99.6 91.14 92.15 99.2 101.51 81.8 1. Did Thandi or Darla have a higher RevPAR during this five-day period? What do you think was the reason for this difference?

Step by Step Solution

3.54 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

A given ADR 11721 occupancy 82 Revpar ADR Occupancy rate OR room revenue rooms available 82 ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Analyzing Data And Making Decisions Statistics For Business Microsoft Excel 2010 Updated

Authors: Judith Skuce

2nd Edition

9780132844727, 013292496X, 132844729, 978-0132924962

More Books

Students also viewed these Human Resource Management questions