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Joel is the M for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an g percent franchise fee
Joel is the M for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an g percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotel's CRS are $2.00 per each room reserved. Internet service provider (IOS) related charges paid by the hotel for rooms sold through Internet sites including uberhothotels.com are $10.00 per room sold. Given this information, help Joel complete the revenue estimate worksheet presented below. Net ADR Yield Estimate Worksheet: City Center Plaza Distribution Channel Rooms sold Standard rate Cross revenue Franchise fee (8%) Franchise marketing fee (3%) Franchisor's CRS fee ($2 per room) IDS fee Net total revenue Net ADR yield Group rooms BO $185 Third-party merchant 100 $160
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