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Compute the variance analysis for a metropolitan hotels rooms revenue and indicate the reasons for the gain or loss in revenue compared to budget. The
Compute the variance analysis for a metropolitan hotels rooms revenue and indicate the reasons for the gain or loss in revenue compared to budget. The hotels budgeted rooms revenue is $13,175,251 based on total occupied rooms of 88,788 and an average room rate of $148.39. The propertys actual rooms revenue totaled $12,787,792 with occupied rooms totaling 93,945 with an average room rate of $136.12. Enter your answers below. Round answers to two decimal points. Be sure to include a minus (-) sign for any negative amounts. Price variance = $___
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