Question: Question 2a. Using the Smith Travel Report for the Week of Performance by Industry Segments for the Week of August 08, 2021 - August 14,
Question 2a. Using the Smith Travel Report for the Week of Performance by Industry Segments for the Week of August 08, 2021 - August 14, 2021; pp. 3., (provided online) explain which resort(s) is/are performing better overall for Occupancy %, ADR, and Reypar (use the running 28 days of 2021) for the Nashville, Tennessee market. (Value 2 points). Provide detailed justification for your answer. Occ (%) 2021 65.7 2020 50.4 ADR ($) 2021 2020 139.18 102.17 Total United States Chain Scale Luxury Upper Upscale Upscale Upper Midscale Midscale Economy Independents 54.0 55.9 67.4 69.7 65.9 66.3 66.4 25.9 31.4 47.6 53.5 53.1 57.8 53.3 388.50 187.13 142.96 125.27 102.13 75.14 156.38 287.SE 138.30 110.62 97.55 82.25 61.7 115.90 Class Luxury Upper Upscale Upscale Upper Midscale Midscale Economy 61.4 57.9 67.4 69.6 66.2 65.9 39.9 35.1 482 53.6 53.8 56.2 345.96 192.02 150.03 130.71 114.49 89.61 257.8E 144.48 115.92 101.31 90.57 70.34 58.0 67.5 67.1 66.4 65.2 68.2 379 52.5 45.7 53.9 46.0 57.4 162.05 117.63 113.75 103.16 225.18 140.45 110.31 88.56 87 24 84.0E 155.02 111.22 61.1 65.6 63.3 57.1 71.9 71.9 523 70.8 Location Urban Suburban Airport Interstate Resort Small Metro/Town Top 25 Markets Atlanta, GA Boston, MA Chicago, IL Dallas, TX Denver, CO Detroit, MI Houston, TX Los Angeles, CA Miami, FL Minneapolis, MN Nashville, TN New Orleans, LA New York, NY Norfolk/Virginia Beach, VA Oahu Island, HI Orange County, CA Orlando, FL Philadelphia, PA Phoenix, AZ Saint Louis, MO San Diego, CA San Francisco/San Mateo, CA Seattle, WA Tampa, FL Washington, DC 58.4 57.2 70.2 45.2 62.1 80.0 80.1 66.6 56.3 63.7 59.5 54.4 73.4 56.9 70.3 60.3 55.4 49.4 32.6 40.2 41.3 48.1 51.4 39.4 51.9 36.0 373 38.3 35.3 44.8 65.1 24.7 44.5 30.5 52.8 45.1 41.5 52.0 41.0 36.8 49.4 35.6 104.44 174.90 136,59 95.56 144.35 110.33 92.28 189.53 185.00 114.80 153.73 113.08 196.44 163.79 253.49 194.89 117.07 130.73 105.65 103.94 207.72 169.53 155.14 129.48 121.34 80.95 111.89 87.27 75.12 91.31 84.1 71.95 127.31 112.5 82.25 88.38 87.11 133.00 112.82 159.44 137.51 82.37 100.6 82.20 82.69 134.29 121.10 95.07 101.19 96.42 Top 25 Markets All Others 62.3 67.3 42.7 53.7 145.62 136,41 99.34 103.14 3 of 17 RevPAR by Chain Scale - Running 28 Days III ETTEI M Running 2. Dans ADR) RevPAR (1) 3000 141 50 101 16 9731 Percent Change Oos 2011 658 O 3021 194 PAR 546 10-05 156 399 * FICZ 56.0 001 703 728 68 6 62 6. 242 293 45.0 523 523 582 526 393 03 1937 144 89 1270 10360 76.13 158 25 2870 139.71 110.70 97 43 22.05 6140 15444 23044 114 04 10193 92.56 7102 51.00 110.22 69.54 400 50.53 SO 23:37 35.70 60.22 1052 561 392 27 17.0 359 300 30.4 263 230 1017 315 638 30 619 334 70.5 9720 17 537 1380 1502 04 EV 350.00 19455 152.15 13224 116 20 9084 22952 120 52 107 27 06.14 257.00 1456 1980 101.17 9018 6980 730 30.4 STZ 335 521 31.1 36 307 28 29 72.7 692 68.3 533 585 80.22 48.00 3941 62.02 588 613 70.0 607 100 54 83.20 363 514 440 539 460 563 154.10 118 84 115.48 103 93 LEBE 06 108.50 87 40 8863 83 1583 109.00 513 380 333 24 71.49 1954 352 162 591 1302 502 58 277 Sa 249 RES 724 703 16781 9826 139 83 72.00 61 54 283 49.7 120 38.5 40 72.00 116 07 91 49 60.47 10.04 5.24 33.66 29.01 13.14 1051 2.1 511 32 561 50 800 2003 1718 102 DIESE ATA 10730 595 $ 12.50 ST 65.7 680 650 614 75.6 687 583 75.3 685 594 72.0 63.1 65.6 812 109.87 173 50 140.71 051 14257 10565 19135 211.09 11281 165.44 11785 202:57 16347 9631 6545 2755 507 387 19.7 375 361 100 6164 250 514 1003 55.85 144.00 14455 6704 129 WN 20 13:45 200 346 543 987 36.6 770 373 563 13 30.52 111 13 87 52 73.40 91.01 08.10 71.19 123.90 10626 82.61 78 15.50 3.58 11404 16183 1849 14.20 101.14 50.00 8191 12231 1658 10363 5330 3037 1156 2305 1502 778 315 410 239 6255 2098 28.91 53.11 7469 3875 57.77 25.54 684 600 239 655 21 30.10 863 13256 13266 212.50 15435 8811 6:54 62.00 518 515 2010 0018 423 307 534 444 402 404 306 794 6 74.5 601 25 610 78.8 702 70.9 58.6 20715 12759 1201 105 55 11152 21655 168 81 151.72 14361 12 74 662 51) 132.17 750 1250 19 343 517 540 27 925 47 55 350 22.94 68.30 4345 1065 1923 52.7 17233 9741 106.54 101 85 60:51 633 587 MS 1.16 86 56 2057 901 04 494 4 9 M 1403 GB 419 525 13751 022 192.16 96.18 4120 53.77 587 325 525 349 799