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Q1. Lea Ray is the revenue manager at the 200-room Hilton Garden Inn. She tracks her occupancy and ADR on a daily basis. The following
Q1. Lea Ray is the revenue manager at the 200-room Hilton Garden Inn. She tracks her occupancy and ADR on a daily basis. The following data represent her hotel's Thursday night performance for the past seven weeks Thursday Week1 Week 2 Week 3 Week 4 Week '5 Week 6 Week 7 Occ.% 69.5 73.5 66.5 72 72.5 69 77 ADR $151 5 $145.95 $161.50 $178.50 $179 95 $129.95 $159.95 Using that historical data, calculate her Occupancy %, ADR, and RevPAR for these trailing periods (Hint: You will also need to calculate rooms sold and revenue of sold rooms for each Thursday): A. Forweeks 1-4 B. For weeks 2-5 C. Forweeks 3-6 D. For weeks 4-7 E. What do you think would be Lea's best estimate of next Thursday night's RevPAR? Explain your
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