Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2652137/mod resource/content/0/THMG%20318%20%2021%20Week36209%20SMX20Cont.pdf Q al 13/32 95% QI Yield Calculate the Yield of Scenario 1 & 2. What does this tell you? On a specific night

image text in transcribed
2652137/mod resource/content/0/THMG%20318%20%2021%20Week36209%20SMX20Cont.pdf Q al 13/32 95% QI Yield Calculate the Yield of Scenario 1 & 2. What does this tell you? On a specific night a hotel has 100 rooms available, with a full BAR rate of $120 per room Scenario 1 For the Month of January the hotel operates at 45% Occupancy with an ADR of $118. Scenario 2 For February the hotel operates at 62% occupancy with an ADR of $109. What does the Yield number tell us? o II 2652137/mod resource/content/0/THMG%20318%20%2021%20Week36209%20SMX20Cont.pdf Q al 13/32 95% QI Yield Calculate the Yield of Scenario 1 & 2. What does this tell you? On a specific night a hotel has 100 rooms available, with a full BAR rate of $120 per room Scenario 1 For the Month of January the hotel operates at 45% Occupancy with an ADR of $118. Scenario 2 For February the hotel operates at 62% occupancy with an ADR of $109. What does the Yield number tell us? o

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Students also viewed these Finance questions

Question

Generate criteria for bath linens for different classes of hotels.

Answered: 1 week ago