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The 450-room Brooke Hotel has 435 rooms available to be rented. On a typical day during June 2021, the hotel sold 310 rooms and generated
The 450-room Brooke Hotel has 435 rooms available to be rented. On a typical day during June 2021, the hotel sold 310 rooms and generated $45,950 in room revenue.
- Calculate the Occupancy Percentage at the hotel for that month.
- Calculate the hotels ADR for that month.
- Calculate the hotels RevPAR for that month.
- Calculate the hotels revenue for June 2021.
- Across the street from Victory Hotel is Waterside Hotel, which is similar in every way to Victory Hotel. Waterside had the following metrics for May 2022: 68% Occupancy Percentage, $172 Average Daily Rate, and $117 RevPAR. Compare the performance between those two very similar hotels.
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