A small hotel has the following numbers: Paid Rooms Occupied/Sold: 17 950 Rooms Revenue: $897 500 Rooms
Fantastic news! We've Found the answer you've been seeking!
Question:
A small hotel has the following numbers:
- Paid Rooms Occupied/Sold: 17 950
- Rooms Revenue: $897 500
- Rooms Available for Sale: 75 x 365
Calculate the following:
2.1 Average Daily Room Rate (2)
2.2 Occupancy Percentage (2)
2.3 RevPAR (4)
3. A hotel offers couples weekend package plan for $900. This plan includes accommodation for two nights, two breakfasts, two dinners, a welcome bottle of champagne, and a cocktail with each dinner. The market value of these items is $700 rooms, $300 food, and $200 beverages.
Allocate the revenue to the proper departments for each plan sold using the answer grid provided below:
Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
Posted Date: