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e Chegg Study | Guided S: / D and79098 chOS.qod xG chegg The Royce Lodge d file:///C:/Users/Steph/Downloads/Chapter%205%20HW%20-Problems%2079620and%2011.pdf and79098_ch05.qxd 115 e following data he Royce Lodge,

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e Chegg Study | Guided S: / D and79098 chOS.qod xG chegg The Royce Lodge d file:///C:/Users/Steph/Downloads/Chapter%205%20HW%20-Problems%2079620and%2011.pdf and79098_ch05.qxd 115 e following data he Royce Lodge, a 300-room hotel, has provided you wi for the months of January and February. January February Single rooms sold Double rooms sold 2,500 4,400 100 $425,000 11,500 2,480 4,200 90 $410,000 11,030 Complimentary rooms Room revenue Number of paid guests Assume that all complimentary rooms are occupied by single guests. Required: 1. Compute the following for January and February: a. Paid occupancy percentage b. Complimentary occupancy c. Multiple occupancy percentage d. Number of guests per occupied room e. Monthly average room rate f. Monthly REVPAR PROBLEMS 143 5:41 PM O Type here to search ^D qa 9/29/2017 e Chegg Study | Guided S: / D and79098 chOS.qod xG chegg The Royce Lodge d file:///C:/Users/Steph/Downloads/Chapter%205%20HW%20-Problems%2079620and%2011.pdf and79098_ch05.qxd 115 e following data he Royce Lodge, a 300-room hotel, has provided you wi for the months of January and February. January February Single rooms sold Double rooms sold 2,500 4,400 100 $425,000 11,500 2,480 4,200 90 $410,000 11,030 Complimentary rooms Room revenue Number of paid guests Assume that all complimentary rooms are occupied by single guests. Required: 1. Compute the following for January and February: a. Paid occupancy percentage b. Complimentary occupancy c. Multiple occupancy percentage d. Number of guests per occupied room e. Monthly average room rate f. Monthly REVPAR PROBLEMS 143 5:41 PM O Type here to search ^D qa 9/29/2017

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