A hotel receives a room reservation that indicates the guest making the reservation will pay $200.00 for
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A hotel receives a room reservation that indicates the guest making the reservation will pay $200.00 for her one night stay. The hotel pays a 15% travel agent commission for the reservation, and the hotel’s franchisor will assesses total fees of 12% for the reservation. What is the hotel’s net ADR yield for this one night reservation?
a. 73%
b. 75%
c. 77%
d. 79%
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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