The sales manager has just completed the revised forecast and reports that the hotel's predicted occupancy for the next fiscal year will be 72%. The Xavier Hotel has 400 rooms, with the average daily rate (ADR) forecasted to be about $157.50 per night. Your first step is to use this information to calculate the hotel's total annual revenue. Follow these steps to work through this calculation: ' Number of guestrooms X Occupancy = Number of guestrooms occupied per day ' Number of occupied guestrooms per day x 365 days = Number of guestrooms occupied per year - Number of guestrooms occupied per year x ADR = Total annual revenue