Revenue Management - Module 18 Calculate the market share for the City Club Hotel based on the
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Question:
Revenue Management - Module 18
- Calculate the market share for the City Club Hotel based on the following numbers:
Hotel Name: Number of Room Nights Sold
Front Street Hotel: 350
City Club Hotel: 325
Trianon Hotel: 280
Total: 955
- The hotel had Occupancy of 51.3% and ADR of $231.45 while the compset had Occupancy of 55.6 and ADR of $268.95 what was the ARI and RGI for the property. Analyse the performance of the hotel.
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