Answered step by step
Verified Expert Solution
Question
1 Approved Answer
10 Problem 6 bibelsto Part A: The Aaron Hotel, a 100-room limited-service operation, has provided you with the following data for the months of May
10 Problem 6 bibelsto Part A: The Aaron Hotel, a 100-room limited-service operation, has provided you with the following data for the months of May and June: on trom May June Single rooms sold 1,000 950 Double rooms sold 1,600 1,610 Room revenue $221,000 $222,720 Number of paid guests 4,520 4,653 Required: don b onsolosa toru 1. Compute the paid occupancy for May. OOS R o b o 2. What was the monthly ADR for June? OVO 3. What was the monthly RevPAR for May? 4. What was the average number of guests per double room during June? (Assume only one guest stayed in each single room.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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