EX7-1: Following are data of Happy Hotel open seven days a week for August 2017: - The hotel has 200 rooms, including 60 single rooms, 100 double rooms, and 40 triple rooms. - Occupancy percentage: single rooms: 70%; double rooms: 75% and triple rooms: 50%; - Room rate: single room: $50; double room: $75 and triple room: $90. - Daily breakfast: average number of guests per day: 252 including from single rooms: 42; double rooms: 150; and triple rooms: 60. The breakfast price is $7.0 per person. Required: 1. Calculate REVPAR and REVPAC for August 2017. 2. Evaluate the hotels ability in revenue management, knowing that:

Budget August 2016

REVPAR 42 41.5 REVPAR 42 40