Question: Sun: Occupancy = 5 6 . 3 and ADR$ 1 1 5 . 2 1 the RevPAR $ 6 4 . 8 6 Mon: occupancy

Sun: Occupancy =56.3 and ADR$ 115.21 the RevPAR $ 64.86Mon: occupancy =68.2 and ADR $165.80 and RevPAR is 113.08Tuesday: occupancy =76.5 and ADR is $170.95 and RevPAR is $130.78 Wednesday occupancy is 82.9 and ADR is $182.62 and RevPAR is $151.39Thursday: occupancy is 87.2 and ADR is $187.38 and the RevPAR is $163.40Friday : occupancy is 82.2 and the ADR is $184.52 and the RevPAR is $151.68 Saturday: occupancy is 80.9 and the ADR is $196.83 and the RevPAR is $159.241. What day has the highest RevPAR?2. What day has the highest ADR?3. Which performance Metric is the main driver of the best day in RevPAR performance?A. ADRB. Occupancy C. Both D. Neither

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 Finance Questions!