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Please help with the red squares and show work. 1. Karla Armbruster is the RM at a 200-room select service hotel near a major highway.
Please help with the red squares and show work.
1. Karla Armbruster is the RM at a 200-room select service hotel near a major highway. Last year, her ADR was $149.99 and her property ran at 80 percent occupancy. Karla is considering the impact on her property of implementing programs that would increase her ADR by 5 percent and 10 percent. If she increases ADR by 5 percent, she anticipates a 77.5 percent occupancy next year. If prices are increased by 10 percent she forecasts her occupancy will decline to 70 percent. Finish the calculations she needs to complete the revenue analysis form below, then answer the questions that follow 10% ADR Increase Karla's 200-Room Hotel: Revenue Analysis 200-Room Property Last Year Pricing 5% ADR Increase Actual/Forecasted 80.0% 77.5% Occupancy % Rooms sold ADR $ 149.99 $ 70.0% $ Rev $ $ $ RevPAR $ $ $ N/A . $ $ $ RevPAR change Controllable operating costs @ $45.00 per room Gross operating profit $ $ GOPPAR $ $ $ GOPPAR change N/A Chapter 13 Apply What You Know-Student Worksheet 13.1 Karla's 200-Room Hotel: Revenue Analysis 200 Room Property Last Year 5% ADR 10 % ADR Pricing Increase Increase Available Rooms 200 200 200 Room Nights in 1 Year 365 365 365 Actual Forecasted Occupancy % 80.00% 77.50% 70.00% Rooms sold S 58,400.00 $ 56,575.00 $ 51,100.00
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