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Paige Vincent is the revenue manager at the City Center Novotel. For over 12 months, she has been working hard to improve the performance of
Paige Vincent is the revenue manager at the City Center Novotel. 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 property by completing the chart and then answering the questions that follow.
\begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{4}{|l|}{ City Center Novotel Performance } & \\ \hline & Novotel & Comp Set & Index \\ \hline Occupancy \% & \\ \hline This Month & 57.2 & 58.1 & Q3 \\ \hline \begin{tabular}{l} Last Three \\ months \end{tabular} & 55.1 & 57.7 & \\ \hline \begin{tabular}{l} Last 12 \\ Months \end{tabular} & 51.3 & 55.6 & \\ \hline This Month & 266.57 & 270.15 & \\ \hline \begin{tabular}{l} Last Three \\ months \end{tabular} & 244.91 & 269.69 & Q4 \\ \hline \begin{tabular}{l} Last 12 \\ Months \end{tabular} & 231.45 & 268.95 & \\ \hline \multicolumn{3}{|c|}{ RevPAR } & \\ \hline \begin{tabular}{l} This Month \\ Last Three \\ months \end{tabular} & Q2 & & \\ \hline \begin{tabular}{l} Last 12 \\ Months \end{tabular} & & \\ \hline \end{tabular}
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