Question
Jerielle Pelley is the front ofce manager at the 125-room limited-service Best Stay Inn.She also serves as her propertys RM. Jerielle has just taken a
Jerielle Pelley is the front ofce manager at the 125-room limited-service Best Stay Inn.She also serves as her propertys RM. Jerielle has just taken a call from Lawrence, a friendand the RM at a hotel within her comp set. Because of an internal oversight, Lawrenceshotel is overbooked by 70 group rooms next Saturday. Lawrence would like to purchasethat number of rooms from Jerielle at their previously agreed upon walk rate of $75.00.Jerielles normal rack rate is $129.00. Currently, she has 55 occupied rooms (arrivalsand stayovers) on the books for that day. She estimates that she could sell, at her normal ADR, another 30 rooms by Saturday. Complete the source of business worksheet andthen answer the questions that follow
Source of Business Calculation | ||
Group | With Lawrence Walks | Without Lawrence Walks |
Sold | ||
ADR | $129.00 | |
Total revenue estimate | ||
Daily per room ancillary revenue | $8.00 | $8.00 |
Total ancillary revenue | ||
RevPOR | ||
Total revenue | ||
Revenue Variance | Amount | % |
$ | 14.6% |
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