(a) Legend Hotel's operating information as of 31 December 2020 is as follow: | 21,000 Total...

 

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(a) Legend Hotel's operating information as of 31 December 2020 is as follow: | 21,000 Total rooms Total out of order & complimentary rooms Total rooms sold in June Total guests 82 16,300 19,350 $1,326,000 12,000 Total room revenue Total restaurant customers Total restaurant revenue Total food cost Total hotel profit (net profit) Total hotel revenue $150,000 $38,500 $620,000 S1,672.000 Required Compute the following ratios: Total occupancy % Available occupancy % Average guests per room i) ii) iii) iv) v) Average room rate Average food check vi) RevPAR vii) Food cost % (3 marks each, Total 21 marks) (b) Explain how STAR Market Reports are used. (4 Marks) (a) Legend Hotel's operating information as of 31 December 2020 is as follow: | 21,000 Total rooms Total out of order & complimentary rooms Total rooms sold in June Total guests 82 16,300 19,350 $1,326,000 12,000 Total room revenue Total restaurant customers Total restaurant revenue Total food cost Total hotel profit (net profit) Total hotel revenue $150,000 $38,500 $620,000 S1,672.000 Required Compute the following ratios: Total occupancy % Available occupancy % Average guests per room i) ii) iii) iv) v) Average room rate Average food check vi) RevPAR vii) Food cost % (3 marks each, Total 21 marks) (b) Explain how STAR Market Reports are used. (4 Marks)

Answer rating: 100% (QA)

1 Total Occupancy Rooms sold Total rooms 16300 21000 7762 2Available Occupancy Rooms sold rooms avai... View the full answer