Are there any relationship between changes in ADR and REVPAR with changes in Revenues and Net Income?

  
 

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< Safari 4:45 PM Thu Jan 28 Consolidated Balance Sheets - USD ($) S in Millions Dec. 31, 2019 Dec. 31, 2018 CURRENT ASSETS: Cash and cash equivalents 20 $1,111 $ 719 21 Accounts Receivables 421 427 Inventories 14 162 185 Prepaids and other assets Total current assets 24 1,706 1,345 28 Property and equipment, net 3,456 3,608 763 911 Goodwill & Intangibles, net 27 Other assets 2,492 1,779 28 TOTAL ASSETS 8,417 7,543 28 31 CURRENT LIABILITIES: Cumrent maturities of long-term debt 11 11 150 151 Accounts payable Accrued expenses and other current labilities Total current labilities 925 199 24 1,086 1,061 30 Long term debt Other long-term liabilities 1623 1,282 3.966 1,612 1,752 Total lablities 4,450 EQUITY Common Stock 57 Additional paid-in capital Retained eamings Total stocholdens equity TOTAL LIABILITIES AND EQUITY 3,961 3619 1.967 3677 44 SR417 $7,643 at. < Safari 4:45 PM Thu Jan 28 Consolidated Balance Sheets - USD ($) S in Millions Dec. 31, 2019 Dec. 31, 2018 CURRENT ASSETS: Cash and cash equivalents 20 $1,111 $ 719 21 Accounts Receivables 421 427 Inventories 14 162 185 Prepaids and other assets Total current assets 24 1,706 1,345 28 Property and equipment, net 3,456 3,608 763 911 Goodwill & Intangibles, net 27 Other assets 2,492 1,779 28 TOTAL ASSETS 8,417 7,543 28 31 CURRENT LIABILITIES: Cumrent maturities of long-term debt 11 11 150 151 Accounts payable Accrued expenses and other current labilities Total current labilities 925 199 24 1,086 1,061 30 Long term debt Other long-term liabilities 1623 1,282 3.966 1,612 1,752 Total lablities 4,450 EQUITY Common Stock 57 Additional paid-in capital Retained eamings Total stocholdens equity TOTAL LIABILITIES AND EQUITY 3,961 3619 1.967 3677 44 SR417 $7,643 at.

Answer rating: 100% (QA)

Revenue per available room RevPAR is a metric used in the hospitality industry to measure hotel perf... View the full answer