Question
a. Which of the following formulas is used to calculate RevPAR? A. GOPPAR x Occupancy % B. GOPPAR / Occupancy % C. ADR / Occupancy
a. Which of the following formulas is used to calculate RevPAR?
| A. | GOPPAR x Occupancy % | |
| B. | GOPPAR / Occupancy % | |
| C. | ADR / Occupancy % | |
| D. | ADR x Occupancy % |
b. A hotel has 400 rooms. Last night 5 rooms were out of order. Last night the hotel sold 300 rooms at an ADR of of $215.00. What was the hotel's RevPAR last night?
| A. | $161.25 | |
| B. | $163.29 | |
| C. | $163.25 | |
| D. | $161.29 |
c. In what industry did yield management concept originate?
| A. | Car Rental | |
| B. | Hotel | |
| C. | Restaurant | |
| D. | Airline |
d.
What is subtracted from the numerator when calculating Net ADR Yield?
| A. | Average cost per occupied room | |
| B. | ADR | |
| C. | The hotel's yield percentage | |
| D. | Reservation generation fees |
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
