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Suppose that Allianz Lodging Establishment has 300 rooms with 70% occupancy on daily basis. The ADR of this hotel is $80.00 and it operates every
Suppose that Allianz Lodging Establishment has 300 rooms with 70% occupancy on daily basis. The ADR of this hotel is $80.00 and it operates every day in a certain year. Also, this hotel has $4 million annual F&B revenue. On daily basis, the total number of guests stayed at Allianz is 100. Based on the information given, calculate the revenue per available customer (assume that total number of guests stay constant through the year and there are 365 days in a year).
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$277.59
$245.82
$260.00
$298.11
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