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The following information is for the month of June. The downtown hotel has a total of 105 guest rooms. Three rooms have been under repair
The following information is for the month of June. The downtown hotel has a total of 105 guest rooms. Three rooms have been under repair for the entire month of June. Total room revenue was $811,611 and a total of 2,858 room nights were sold. What was the average daily rate? What was the RevPAR? What was the occupancy rate? ADR = $283.93 RevPAR = $273.27 Occupancy% = 96.73% ADR = $283.98 RevPAR = $262.66 Occupancy% = 92.5% ADR = $265.23 RevPAR = $257.65 Occupancy% = 93.40% ADR = $283.93 RevPAR = $265.23 Occupancy% = 90.73%
The following information is for the month of June. The downtown hotel has a total of 105 guest rooms. Three rooms have been under repair for the entire month of June. Total room revenue was $811,611 and a total of 2,858 room nights were sold.
What was the average daily rate?
What was the RevPAR?
What was the occupancy rate?
ADR = $283.93
RevPAR = $273.27
Occupancy% = 96.73%
ADR = $283.98
RevPAR = $262.66
Occupancy% = 92.5%
ADR = $265.23
RevPAR = $257.65
Occupancy% = 93.40%
ADR = $283.93
RevPAR = $265.23
Occupancy% = 90.73%
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
4th Edition
1473729521, 9781473729520
