Question: Exercise 4.1 (total 4 points + the optional extra bonus question) This exercise helps you understand the dynamic relations among ADR, occupancy, and RevPAR. Month

Exercise 4.1 (total 4 points + the optional extra

Exercise 4.1 (total 4 points + the optional extra bonus question) This exercise helps you understand the dynamic relations among ADR, occupancy, and RevPAR. Month Occupancy% ADR REVPAR 4.1.1. Among the 12 months, what is the highest occupancy % and in which month? What is the lowest occupancy % and in which month? (0.5*2=1 point) 4.1.2. Among the 12 months, what is the highest ADR and in which month? What is the lowest ADR and in which month? (0.5*2=1 point) Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec 50.45% 57.58% 70.00% 64.36% 57.07% 67.62% 70.38% 86.53% 84.21% 72.90% 52.48% 50.86% 141.65 139.95 137.54 138.14 139.76 137.93 134.59 131.34 133.71 136.45 138.04 135.21 71.47 80.58 96.28 88.91 79.76 93.27 94.73 113.65 112.6 99.48 72.44 68.76 4.1.3. Among the 12 months, what is the highest RevPAR and in which month? What is the lowest RevPAR and in which month? (0.5*2=1 point) 4.1.4. What are the two formulas to caculate RevPAR? (0.5*2=1 point) Extra Bonus Question (up to 10 points) Explain why the highest ADR and highest RevPAR do not occur in the same month

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 General Management Questions!

Exercise 6.1 Based on the scenario to complete this hotel's March operating performance worksheet (28 points). Tom is the revenue manager at a 220-room hotel. For the low season of March (31 days in...

Case Study of Ritz-Carlton 4. In what may be a first for the hospitality industry, Brian Collins, hotel owner, has asked James McBride, Ritz-Carlton general manager, to lengthen the amount of time...

Study Guide Healthcare Statistics By Jacqueline K. Wilson, RHIA About the Author Jacqueline K. Wilson is a Registered Health Information Administrator (RHIA) who has more than ten years of experience...

Please complete the Internal Analysis attached at the end **USE ONLY THIS CASE STUDY. THE GRAPHS ARE ATTACHED BELOW. THIS IS ALL THE REFERENCE YOU WILL NEED TO COMPLETE THE WORKSHEET, ALSO ATTACHED....

Management must understand what needs to change. A culture of performance excellence is very different from a traditional management culture. Many traditional practices stem from the fundamental...

evals evals Sourch Columns (BO) score rank Lethnicity gender Rows All rows 483 Selected 0 Excluded 0 Hidden 0 Labelfed 1 2 3 4 5 6 7 B 9 10 OOG score rank ethnicity gender 4.7 tenure track minority...

MA corp. is a trading company that designs, produces and sells sportswear. The company sells its sportswear through its own stores, which are typically located on shopping streets and in shopping...

KMA corp. is a trading company that designs, produces and sells sportswear. The company sells its sportswear through its own stores, which are typically located on shopping streets and in shopping...

Part 3: Indirect Adjustment of Rates (26 Total Points, plus up to 4 extra credit points) Comparison of Mortality Rates between Egypt and the United States 1) Calculate the crude mortality rate for...

Indicate whether or not the parties in the following situations are "related" for tax purposes. (Consider the unrelated examples to be operating at arm's length.) A) An uncle and their nephew are...

a. What should the weekly product mix consist of, and what is the weekly net profit? b. Is the optimal solution to question 1 degenerate? Explain your response. c. Is the optimal solution from...

Choose all responses that apply to the question: A . Buying the plant had no net effect on the Cash account. B . On the Balance sheet, Plant and Equipment increased by $ 1 9 , 9 3 2 , 0 0 0 C . Cash...

write a discussion, and explain which alternative you would support to address the issues raised in the Preliminary Problem Analysis for East Wallingford. Be sure to fully explain why this...