Question: A B D J NOTE: BAR or Best Available Rate is the rate displayed in all transient booking channels that is not subject to any

A B D J NOTE: BAR or Best Available Rate is

A B D J NOTE: BAR or Best Available Rate is the rate displayed in all transient booking channels that is not subject to any type of discount 35% D E F F G H The 150-room No Tel Hotel experienced an 80 percent paid occupancy and a BAR rate of $125 for 20X3. The hotel has four market segments. The percentage of room nights and the percentage of BAR rate for each segment are as 1 follows: Percentage Percentage ADR Per Annual of Rooms of BAR Rate Segment Revenue Sold Per 2 2 Segment 3 Business Transient 99% 4 Leisure Transient 25% 95% 5 Corporate Group 20% 90% 6 Association Group 15% 80% 7 Government 5% 85% 8 100% 9 10 11 Required: 12 Calculate the ADR for each segment in Column E above. Enter the Total ADR on Row 8 13 14 Calculate the Annual Revenue for each segment in Column Fabove, entering the total revenue on Row 8 15 16 17 18 19 20 21 22 23 24 25 26 27 28 an

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!

The 150-room NoTel Hotel experienced an 80 percent paid occupancy and a BAR rate of $125 for 20X3. The hotel has four market segments. The percentage of room nights and the percentage of BAR rate for...

Answer the following questions using the annual report of Colgate in Appendix A. a. Who is responsible for the preparation and integrity of Colgate?s financial statements and notes? Where is this...

112 fx A B D E F H The 150-room NoTel Hotel experienced an 80 percent paid occupancy and a BAR rate of $125 for 20X3. The hotel has four market segments. The percentage of room nights and the...

Case Analysis 1. Compute the yield to maturity of Land'o'Toys' bonds before the purchase announcement and use it to determine the likely current bond rating. (Compare YTM to the table on p. 269)....

what is it thats missing i will resubmit later . B D E G H Enter your name in this box Tutorial 3 - Present Value of Uneven Cash Flows Find the present value of an uneven cash flow stream invested...

Part I you are asked to use the introductory sentence about the tax payer and complete paragraph items 14 and 16. You will also use item 18 for needed Social Security numbers. Do not do additional...

I need help with this tax return problem. PLEASE, the correct tax return forms MUST be used, which can be found on irs.gov. I would need thorough work on this assignment. Thank you for the help!...

Attached are pictures of the question I am struggling with. I also need the following forms completed. Thanks in advance. \fForm 1040 2016 (99) Department of the TreasuryInternal Revenue Service U.S....

Excelsior College PBH 321 CRITICAL EYE ON RESEARCH IN EPIDEMIOLOGY By the end of this activity, you will be able to illustrate the purposes, designs, weaknesses, and relevance of a randomized drug...

If you are a brand manager, what can you learn from these two cases?

The probability of rain is now 0.6. 1. How many units of consumption is it optimal for Sam to consume conditional on rain? 2. How many rain coupons is it optimal for Sam to buy? 3. If Sam's brother,...

How might Deloittes lattice approach help motivate employees and improve job satisfaction and performance?

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

Empowerment may only be appropriate in low uncertainty avoidance, individualistic and low power distance cultures, and where information and status are not protected.

6 They therefore need to work at the strategic level associated with change, adaptation and development and the operational level associated with the realism of budgetary constraints and vertical...

2 The control and use of power may be problematic. There is little formal power available to sanction members in the case of failure. Managers were selected irrespective of position in the hierarchy....