Problem 17 The Hodges, a 300-room hotel, has provided you with the following data for the months of June Single rooms sold 2,400 Double rooms sold 4,200 Room revenue $396,000 Number of paid guests 9,900 June and July: July 2,418 4,278 $339,000 9,910 Required: 1. Compute the following for June and July: a. Paid occupancy percentage b. Multiple occupancy percentage c. Average number of guests per double room sold (assume that only one guest stayed in each single room sold) ob d. Monthly ADR e. Monthly RevPAR 2. Was the Hodges' financial performance better in June or July? (Assume that fixed costs were constant and that the variable costs per room sold remained constant. Support your answer with detailed discussion.)