Question: Question 4 A. How many rooms does Nigar forecast will be occupied on Tuesday night? B. What is Nigar's occupancy % forecast for Tuesday night?

Question 4

A. How many rooms does Nigar forecast will be occupied on Tuesday night?

B. What is Nigar's occupancy % forecast for Tuesday night?

C. Assume Nigar's forecasted ADR for the night is $160.99. What would be her estimated

total room revenue for this date?

D. Given her forecasted ADR, what would be forecasted RevPAR for this date?

i need formulas

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 Mathematics Questions!

Q:

How many rooms does Nigar forecast will be occupied on Tuesday night ? What is Nigars occupancy forecast for Tuesday night Assume Nigars forecasted ADR for the night is $16099? What would be her...

Q:

Lea Ray is the revenue manager at the 200-room Hilton Garden Inn. She tracks her occupancy and ADR on a daily basis. The following data represent her hotel's Thursday- night performance for the past...

Q:

Nigar Patel prepares a daily Rooms Forecast Report that is shared with the housekeeping, food and beverage, and front desk managers of the 200-room Comfort Inn she both owns and manages. Today is...

Q:

i need to see the formulas as well as the solutions for these problems. thank you. Availability Report: The Doubletree Hotel For Dates May 1-14. September This Year: Group Room Sales Hawthorne Suites...

Q:

Section 2 - Calculations (30 points) 3.Karla is the RM at a 200-room select service hotel near a major highway. Last year, her ADR was 149.99 and her property ran at 80 percent occupancy. Karla is...

Q:

NET AVAILABILITY = ??? ROOMS SOLD OR RESERVED = ??? TOTAL FORECAST SOLD OR RESERVED AFTER ADJUSTMENTS = ??? ANSWER A, B, and C Prof. Holzer III. Forecasting (25 points). Penny King prepares a daily...

Q:

Penny King prepares a daily Rooms Forecast Report that is shared with the housekeeping, food and beverage, and front desk managers of 220 room Flying Crown Ranch owns that she owns and manages. Help...

Q:

SHOW ALL WORKINGS ! Please use excel for all graphs Attached are pictures of the original graph But please use the numbers attached here as all the 8s and 2s were changed . 1. Daudi owns and manages...

Q:

complete the work sheet details fors the worksheet can be found from here Working Copy Friday Tot "Comparing Apples and Oranges: Which Group Yields the Best Profit?" Sunday Monday Tuesday Wednesday...

Q:

Case Study: Comparing Apples and Oranges: Which Group Yields the Best Profit? Help solving case study and the excel sheet The Diamond Peak Hotel, one of 45 hotels in the Carter Fox management...

Q:

Does the initial value problem (x 1) y' = 2y, y(1) = 1 have solution? Does your result contradict our present theorems?

Q:

Gardening has net sales of $500,000, free cash flow of $33,500, depreciation expense of $1,800, interest expense of $900, the tax rate of 35%, additions to net working capital of $2,400, and capital...

Q:

The increased use of automation and decreased use of labor in companies has caused a trend towards an increase in 1 ) both variable and fixed costs. 2 ) fixed costs and a decrease in variable costs....

Q:

The Cleaning Brigade Company provides housecleaning services to its clients. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from...