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The following are relevant inventory numbers from ABC Bistro for the 2021 fiscal year. Room sales revenue Number of rooms available $1,028,000 50 Number
The following are relevant inventory numbers from ABC Bistro for the 2021 fiscal year. Room sales revenue Number of rooms available $1,028,000 50 Number of nights in the year 365 Total nights available 18,250 Nights sold 14,235 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate the occupancy rate. Occupancy Rate = % b) Calculate the revenue per available room (RevPAR). RevPar = $ c) Calculate the average daily rate (ADR). ADR = $
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Human Resource Management
Authors: John Ivancevich, Robert Konopaske
12th edition
9780077496906, 78029120, 77496906, 978-0078029127
