Question
A hotel has 150 standard rooms and 50 deluxe rooms. During the month of January, it sold 3,000 standard room nights at $90 each and
A hotel has 150 standard rooms and 50 deluxe rooms. During the month of January, it sold 3,000 standard room nights at $90 each and 1,000 deluxe room nights at $150 each.
Calculate the occupancy for the month of January. Calculate the ADR for the month of January. Calculate the RevPAR for the month of January.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve
9th Edition
0324381921, 978-0324381924
