Question: Please use the following information for this question: Silver Hotel Gold Hotel Green Hotel Blue Hotel Purple Hotel Total Market Occupancy 9 0 % 8

Please use the following information for this question:
Silver Hotel
Gold Hotel
Green Hotel
Blue Hotel
Purple Hotel
Total Market
Occupancy
90%
82%
84%
87%
78%
84%
ADR
$189
$200
$223
$190
$179
$201
RevPar
$170
$164
$187
$165
$140
$169
# rooms
300
350
550
500
280
1980
% of the supply in the market
15%
18%
28%
25%
14%
100%
RevPar Index
1.01
0.97
1.11
0.98
0.83
1.00
Which of the hotels that is not getting their fair share only needs a minor increase in average rate (less than $10) to achieve their fair share?
A.
Gold Hotel
B.
Blue Hotel
C.
Silver Hotel
D.
Both A and B
E.
None of these hotels would get their fair share with that small of an increase

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