Question
Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and
Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotels CRS are $2.00 per each room reserved. Internet service provider (IDS) 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 Group rooms Third-party merchant Rooms sold 80 100 Standard rate $185 $160 Gross revenue Franchise fee (8%) Franchise marketing fee (3%) Franchisor's CRS fee ($2 per room) IDS fee Net total revenue Net ADR yield
What is the net total revenue for Third-party merchant?
Group of answer choices
$13,012
$12,900
$12,000
$13,040
Flag question: Question 5
Question 52.5 pts
What is the net ADR yield for Group rooms?
Group of answer choices
88%
$14,800
82%
$13,012
Flag question: Question 6
Question 62.5 pts
What is the net ADR yield for Third-party merchant?
Group of answer choices
$13,040
82%
$16,000
88%
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