A 680-room business hotel has a potential room rate of $1,650.  The hotel usually offers $1350 to FITs and $800 to groups.  The fixed cost of each occupied room is $200.   

There is a 40-room group booking for the hotel from 25 May 2021 to 28 May 2021 inclusive. 

Hotel Situation:

 

	25 May	26 May	27 May	28 May
Room available	680	680	680	680
Definite Groups Booked	270	280	260	285
FITs rooms demand	390	320	330	370

 

1. According to the hotel on book situation stated above, identify the hotel’s displacement, yield, gross revenue and revenue contribution with and without the group. (round up to the nearest whole number)   

 

1. Calculate the number of FIT rooms that may be displaced for accepting the tentative group:

 

	25 May	26 May	27 May	28 May
Room available	680	680	680	680
Definite groups booked	270	280	260	285
FIT rooms demand	390	320	330	370
Rooms left	20	80	90	25
Tentative group block	40	40	40	40
FIT rooms displacement	20	0	0	15

 

	25 May		26 May		27 May		28 May
	without new group	with new group	without new group	with new group	without new group	with new group	without new group	with new group
Gross Revenue ($)
Revenue Contribution ($)
Yield (%)