Complete the below chart by calculating the hotel's occupancy, revenue, average daily rate and REVPAR. 300...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Complete the below chart by calculating the hotel's occupancy, revenue, average daily rate and REVPAR. 300 ROOMS EACH Hotel A Hotel B Hotel C Hotel D Hotel E Total ROOMS SOLD 190 216 297 1116 OCC% 83.33% 54.33% REVENUE $50,435.50 Bonus: What is the total market occupancy? ADR $ 213.56 $199.65 $189.26 $329.34 REVPAR Complete the below chart by calculating the hotel's occupancy, revenue, average daily rate and REVPAR. 300 ROOMS EACH Hotel A Hotel B Hotel C Hotel D Hotel E Total ROOMS SOLD 190 216 297 1116 OCC% 83.33% 54.33% REVENUE $50,435.50 Bonus: What is the total market occupancy? ADR $ 213.56 $199.65 $189.26 $329.34 REVPAR
Expert Answer:
Answer rating: 100% (QA)
300 Rooms Each Room Sold OCC Revenue ADR REVPAR Hotel A 250 8333 5339000 21356 17796 Hotel B 190 633... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-4. Ivan and Irene paid the following in 2012 (all by check or can otherwise be...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
On September 30, 2021, Antagonia Real Estate Limited's general ledger showed the following balances: Accounts payable Accounts receivable Advertising expenses Cash Common shares Income tax expense...
-
Demonstrate that in a prism with small refracting angle the shaft of light deviates through the angle (n 1) regardless of the angle of incidence, provided that the latter is also small.
-
As of May 31, 2011, the bank statement showed an ending balance of \(\$ 17,250\). The unadjusted Cash account balance was \(\$ 16,450\). The following information is available: 1. Deposit in transit,...
-
The following information pertains to a product sold by Gomez Company: Instructions: 1. Determine the net income or loss a. if 17,000 units are sold. b. if 20,000 units are sold. c. if 23,000 units...
-
You are discussing your 401(k) with Dan Ervin when he mentions that Sarah Brown, a representative from Bledsoe Financial Services, is visiting East Coast Yachts today. You decide that you should meet...
-
Get Data (Power X F28 Query) 7 Refresh All Data Types Sort & Filter Data Tools What-If Outline Analysis Office Update To keep up-to-date with security updates, fixes, and improvements, choose Chec X...
-
a. Prepare a UML class diagram with classes, associations, and multiplicities. b. Using the preceding information and the following attributes list, prepare a listing of the relational tables...
-
Issued the following checks as payment in full for miscellaneous billings: Student Analysis Payee Amount Check Number Invoice Number Edwards Auto Repair $363.70 31230 67676 Surfer Waves Magazine...
-
The end of the financial year of ABC Ltd is 30 June 2021. At this date company's building, historical cost is $3 200 000 and accumulated depreciation of $80 000.On 30 June 2021, the building is...
-
Fashionisto Inc. is an upscale clothing store in New York City and London. Each store has two main departments, Men's Apparel and Women's Apparel. Marie Phelps, Fashionisto's CFO, wants to use...
-
The hot water tank has 2 5 0 litres of water. The water temperature is raised from 1 5 o C to 6 9 o C . How much more expensive is it to heat today, when the electricity exchange price is 1 6 . 5 c...
-
Keith Inc. has 4 product lines: sour cream, ice cream, yogurt, and butter. Demand for individual products is not affected by changes in other product lines. 30% of the fixed costs of each product...
-
The Grading Company's cash account decreased by $18,000. Cash increase from operations was $21,000. Net cash decrease from investments was $19,000. Based on this information, calculate the cash...
-
a. Received $62,250 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020. b. Purchased 10 new computer servers for $34,200 on 1/2; paid $15,300...
-
What key concerns must functional tactics address in marketing? Finance? POM? Personnel?
-
Steve Jackson (age 51) is a single taxpayer living at 3215 Pacific Dr., Del Mar, CA 92014. His Social Security number is 465-88-9415. In 2012, Steve's earnings and income tax withholding as the...
-
Jim (age 50) and Martha (age 49) are married with three dependent children. They file a joint return for 2012. Their income from salaries totals $50,000, and they received $10,000 in taxable...
-
Mike sells his home to Jane on April 2, 2012. Jane pays the property taxes covering the full calendar year in October, which amount to $2,500. How much may Mike and Jane each deduct for property...
-
Suppose that we have the data \(\tau_{\mathrm{n}}=\left\{x_{1}, \ldots, x_{n} ight\}\) in \(\mathbb{R}\) and decide to train the two-component Gaussian mixture model \[ g(x \mid...
-
A generalization of both the gamma and inverse-gamma distribution is the generalized inverse-gamma distribution, which has density \[ \begin{equation*} f(s)=\frac{(a / b)^{p / 2}}{2 K_{p}(\sqrt{a...
-
A \(d\)-dimensional normal random vector \(X \sim \mathscr{N}\left(\boldsymbol{\mu}, \sum ight)\) can be defined via an affine transformation, \(\boldsymbol{X}=\boldsymbol{\mu}+\boldsymbol{\Sigma}^{1...
Study smarter with the SolutionInn App