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i need to see the formulas as well as the solutions for these problems. thank you. Availability Report: The Doubletree Hotel For Dates May 1-14.
i need to see the formulas as well as the solutions for these problems. thank you.
Availability Report: The Doubletree Hotel For Dates May 1-14. September This Year: Group Room Sales Hawthorne Suites Hotel \begin{tabular}{l|l|l|} \hline \multicolumn{2}{l|}{ Group Rooms Pace Report } & FOR: Jan -Dec Next Year \\ \hline Month & Sold in September (This Year) & Total Committed Group Rooms (Jan-Dec Next Year) \\ \hline Jan & & 1,250 \\ \hline Feb & & 1,800 \\ \hline Mar & & 5,620 \\ \hline Apr & & 850 \\ \hline May & & 975 \\ \hline June & & 850 \\ \hline July & & 2,200 \\ \hline Aug & & 3,400 \\ \hline Sept & & 1,900 \\ \hline Not & & 2,800 \\ \hline Dec & & 5,500 \\ \hline TOTAL & & 620 \\ \hline \end{tabular} A. How many rooms does Nigar forecast will be occupied on Tuesday night? B. What is Nigar's occupancy % forecast for Tuesday night? C. Assume Nigar's forecasted ADR for the night is $160.99. What would be her estimated total rooms revenue for this date? D. Given her forecasted ADR, what would be her forecasted RevPAR for this date? Availability Report: The Doubletree Hotel For Dates May 1-14. September This Year: Group Room Sales Hawthorne Suites Hotel \begin{tabular}{l|l|l|} \hline \multicolumn{2}{l|}{ Group Rooms Pace Report } & FOR: Jan -Dec Next Year \\ \hline Month & Sold in September (This Year) & Total Committed Group Rooms (Jan-Dec Next Year) \\ \hline Jan & & 1,250 \\ \hline Feb & & 1,800 \\ \hline Mar & & 5,620 \\ \hline Apr & & 850 \\ \hline May & & 975 \\ \hline June & & 850 \\ \hline July & & 2,200 \\ \hline Aug & & 3,400 \\ \hline Sept & & 1,900 \\ \hline Not & & 2,800 \\ \hline Dec & & 5,500 \\ \hline TOTAL & & 620 \\ \hline \end{tabular} A. How many rooms does Nigar forecast will be occupied on Tuesday night? B. What is Nigar's occupancy % forecast for Tuesday night? C. Assume Nigar's forecasted ADR for the night is $160.99. What would be her estimated total rooms revenue for this date? D. Given her forecasted ADR, what would be her forecasted RevPAR for this date Step by Step Solution
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