Question: 2. The Elegant Dump Inn has the below results for the month of August: Rooms Sold: 3441 Occupancy %: 74% ADR: $220 Profit Margin: 12%

2. The Elegant Dump Inn has the below results for the month of August:

Rooms Sold: 3441

Occupancy %: 74%

ADR: $220

Profit Margin: 12%

How many rooms does the hotel have?

How much Revenue was generated in August?

What was the RevPAR?

How much net income was generated in August?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!