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I was able to do the calculations on my own but I dont know the best way to compare her performance to the comp set.
I was able to do the calculations on my own but I dont know the best way to compare her performance to the comp set.
5 6 Case 1. Paige Vincent is the revenue manager in the City Center Hotel. For over 12 months, she has been working hard to improve the performance of her hotel. Paige just received the following performance data. Help her understand the revenue optimization trends for her 7 8 Index 98.5% 95.5% 92.3% 9 10 City Center Hotel Performance: Occupancy % City Center Comp Set 11 Hotel 12 This month 57.20% 58.10% 13 Last 3 months 55.10% 57.70% 14 Last 12 months 51.30% 55.60% 15 ADR 16 This month $266.57 $270.15 17 Last 3 months $244.91 $269.69 18 Last 12 months $231.45 $268.95 19 RevPAR 20 This month $152.48 $156.96 21 Last 3 months $134.95 $155.61 22 Last 12 months $118.73 $149.54 98.7% 90.8% 86.1% 97.1% 86.7% 79.4% 23 24 25 26 Compare Paige's property performance to that of her competive set. How effective do you believe Paige has been in devising and implementing her revenue optimization strategy? (Type your answer here) 27 28 5 6 Case 1. Paige Vincent is the revenue manager in the City Center Hotel. For over 12 months, she has been working hard to improve the performance of her hotel. Paige just received the following performance data. Help her understand the revenue optimization trends for her 7 8 Index 98.5% 95.5% 92.3% 9 10 City Center Hotel Performance: Occupancy % City Center Comp Set 11 Hotel 12 This month 57.20% 58.10% 13 Last 3 months 55.10% 57.70% 14 Last 12 months 51.30% 55.60% 15 ADR 16 This month $266.57 $270.15 17 Last 3 months $244.91 $269.69 18 Last 12 months $231.45 $268.95 19 RevPAR 20 This month $152.48 $156.96 21 Last 3 months $134.95 $155.61 22 Last 12 months $118.73 $149.54 98.7% 90.8% 86.1% 97.1% 86.7% 79.4% 23 24 25 26 Compare Paige's property performance to that of her competive set. How effective do you believe Paige has been in devising and implementing her revenue optimization strategy? (Type your answer here) 27 28Step by Step Solution
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