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The following are the sales indicators to determine the hotel's success. Calculate the following: 1. Occupancy Percentage a. If a hotel sold 350 of its
The following are the sales indicators to determine the hotel's success. Calculate the following: 1. Occupancy Percentage a. If a hotel sold 350 of its 790 rooms, what is its hotel occupancy percentage? b. Consider a hotel that sold 75 rooms with a room inventory of 100 rooms, what is the hotel occupancy percentage? 2. Revenue Per Available Room (RevPAR) a. Hilton Hotel sold 1000 rooms out of their 2500 rooms available. They earned a revenue of $10,000. Calculate RevPAR b. Marriot Hotel sold 500 rooms out of their 2000 rooms. Daily room sales is $20,000. Calculate RevPAR. 3. Average Daily Rate (ADR) a. A hotel has a daily room sales of $4800 with 60 rooms sold, calculate the ADR? b. A hotel had $38,500 in room revenue with its 350 rooms sold. What is the average daily rate? 4. Yield Percentage a. A hotel with 790 available, rooms and a rack rate of $145, sold 350 rooms with a $110 ADR. What is the Yield? b. Times Hotel has 300 rooms available for sale and sells 200 rooms at $85 with a rack rate of $110, what is the yield
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