You are the general Manager of the Sunshine Inn. You have 50 rooms and a rack rate
Question:
You are the general Manager of the Sunshine Inn. You have 50 rooms and a rack rate of $225 per night. Last night you had revenues of $7050 with an occupancy rate of 76%. You had 49 guests. No rooms were out of order. Calculate the following How many rooms were sold? What is your double occupancy percentage? What was your ADR? What is your Yield? What was your RevPar? Corporate RevPar target is $160. Did you meet or exceed that goal? Assuming that this week looks much like last night, what are 3 things that you can do to meet the RevPar goal? Answer all of the questions, if you want, you can use a spreadsheet for questions 1-5. I need to see formulas so if you make a mistake I know where it occurs and how to help you with the numbers. You can submit #6 and #7 as a word document.