Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

for dollars and decimals round to nearest hundreth, for percents round to nearest tenth. show work Name Eine Ware owns her own non franchised full

image text in transcribed
image text in transcribed
for dollars and decimals round to nearest hundreth, for percents round to nearest tenth. show work
Name Eine Ware owns her own non franchised full service hotel. Her competition is intense, so Elaine very carefully monitors the financial performance of her property. Ratios are essential to the management decisions she makes HOTEL Total Rooms 225 Rooms Available for Sale 200 Rooms Occupied and sold 140 Number of Guest 308 Housekeeping Costs $2 170 Rooms Revenge $17.500 Total Revenue from Hotel Guests $53.900 $2,700 $900 $3,600 180 150 1,500 $1.260 RESTAURANT Food Sales Beverage Sales Total Sales Number of Guests (Cover) Sold Number of seats in the Restaurant Available Seat Hours Labor Cost Food Beginning Inventory Purchases Ending Inventory Transfers Out Transfers in Employee Meals Beverare Beginning Inventory Purchases Ending Inventory Transfers Out Transfer In $5,000 $500 $4,565 $200 $100 $25 $7,000 $250 $7,188 $100 $200 Use the following information to calculate Elaine's lodging and F&B operating ratios. The figures are based on one day's operation. (2 points each) (1) Occupancy Percentage (2) Average Daily Rate (ADR) (3) RevPAR Name: (4) RevPAC (5) Housekeeping CPOR (6) Check Average (7) Seat Turnover (8) RevPASH (9) Cost of Food Sold (10) Food Cost Percentage (11) Cost of Beverage Sold (12) Beverage Cost Percentage (13) Labor Cost Percentage

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions