Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. What is the multiple occupancy percentage for a 412-room resort that recorded total revenue per guest of $188.24? The hotels TOTAL REVPAR is $89,467
1. What is the multiple occupancy percentage for a 412-room resort that recorded total revenue per guest of $188.24? The hotels TOTAL REVPAR is $89,467 and its occupancy % is 72.2%. Do not enter the "%" sign.
2.What is the TOTAL REVPAR on an annual basis for a 253-room hotel if the property experienced an occupancy % of 65.8% and ADR of $112.47? The hotels room revenue % to total revenue is 62.8%.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started