Question
Based on the information provided below on a resort hotel, answer the following questions regarding performance measures (show the procedure of how you arrive at
Based on the information provided below on a resort hotel, answer the following questions regarding performance measures (show the procedure of how you arrive at your answer for partial credits): Number of Available Rooms 159,321 Number of Occupied Rooms 91,993 Number of Guests 101,425 Annual Rooms Revenue $13,958,872 Annual Total Revenue $40,741,658 Gross Operating Profit (GOP) $15,264,476 13. What is the hotels occupancy percentage? 14. What is the hotels average daily rate (ADR)? 15. What is the hotels room revenue per available room (RevPAR)? 16. What is the hotels total revenue per available room (TRevPAR)? 17. What is the hotels GOPAR?
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