Question
A hotel located in the East North Central part of the United States recorded occupancy of 62.4%, an ADR of $126.42, and REVPAR of $78.89
A hotel located in the East North Central part of the United States recorded occupancy of 62.4%, an ADR of $126.42, and REVPAR of $78.89 in 2015. If the hotel projected a decline in ADR of $5.42, but wanted to increase its REVPAR by $6.90 for the year 2016, what occupancy percent would the property have to achieve?
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Currency Internationalization Global Experiences And Implications For The Renminbi
Authors: Wensheng Peng, Chang Shu
2nd Edition
0230580491, 9780230580497
