sunny resort is a 220 room upscale resort hotel in blue mountain ontario. its average occupancy for the year 2019 is 61% its comp set has 225 rooms on average and occupancy rate for the year 2019 is 73% . below is the income statemnt of sunny resort and its compt set.

Question Completion Status: Total Operated Departmental income 6,245,000 70.8% 6,000,000 67.1% 5165,000 Undistributed Operating Expenses Administrative (G&A) Sales and Marketing Property Operation and Maintenance Utilities Other Unallocated Operated Departments Total Undistributed Expenses Income Before Fixed Charges 800,000 800,000 420,000 400,000 0 2,420.000 9.1% 9.1% 4.8% 4.5% 0.0% 27.5% 760,000 760,000 670,000 550,000 0 2,740,000 8.4% 8.4% 7.4% 6.1% 0.0% 30.2% 340,000 $40,000 $250,000 $150,000 50 $320,000 3,825,000 43.4% 3,340,000 36.9% $485.000 Management Fees, Property Taxes.. & Insurance Management Fees Property Taxes and Municipal Charges Insurance Total Mgt. Fees, Taxes & Insurance Income After Mgt Fee etc. 220.000 400.000 200,000 820.000 25% 45% 23% 9.3% 260.000 255,000 120,000 635,000 2.9% 2.8% 1.3% 7.06 $40,000 $145,000 -$80,000 -5185,000 3,005 000 34 19 2.705,000 29.9% $300,000 Comment on the performance of Sunny Resort, (hints: Identify the departments and areas that Sunny Resort is performing not as good as its comp set; suggest reasons ar ratios/indicators/percentage etc) Marking Criteria: Identification of problem areas - 16 marks Suggest possible reasons causing the problems - 4 marks Recommend strategies for improvement - 5 marks For the toolbar, press ALT F10 (PC) or ALT+FN F10 (Mac). BIVS Paragraph Arial