Question: Calculate the difference between two RevPAR estimates from the following: The current occupancy rate is 5 8 % of a 1 3 0 rooms hotel

Calculate the difference between two RevPAR estimates from the following: The current occupancy rate is 58% of a 130 rooms hotel at $109 average room rate, however the RM decides to reduce the ADR to $99 by projecting that the occupancy rate will increase to 78%.
Calculate the difference between two RevPAR

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 Finance Questions!