Question: The following data generated from Hotel X financial data in June 2023 1. Revenues: - Room Revenues 260,000 USD - Bas Sales 20,000 USD

The following data generated from Hotel X financial data in June 2023 1. Revenues: - Room Revenues 260,000 USD - Bas Sales 20,000 USD - Total Revenues 280,000 USD 2. The hotel contains 160 Double Rooms 3. Room Rate per pax per night 50 USD What is the occupancy rate for June 2023

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate the occupancy rate for Hotel X in June 2023 well follow these steps 1 Determine the tot... View full answer

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!

Discuss the benefits of a public company vs a private company. Explain the process in determining if the company should buy or lease its new building. As an investor, when would convertible preferred...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Case Study 0 3 The following data generated from Hotel X financial data in June 2 0 2 3 4 9 , 0 0 0 The Hotel X contains 1 2 0 double cooms, room rate 5 0 USD per pax per night Revenues: Room...

The following data generated from Hotel x financial data in June 2 0 2 3 Revenues: Room Revenues 2 6 0 , 0 0 0 USD Bas Sales 2 0 , 0 0 0 USD Total Revenues 2 8 0 , 0 0 0 USD The hotel contains 1 6 0...

Question below: What does Ferrari gain from the IPO process? 1.581 V8 686 Exhibit 1 FERRARI: THE 2015 INITIAL PUBLIC OFFERING Ferrari Car Shipments Full Year First Half of Year 2012 2013 2014 2014...

hi I need answers to those questions as soon as possible thank you File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments @ A & Cut Garamond 12 III NO ab Wrap Text General...

HOSPITALITY FEASIBILITY STUDY CASE FEASIBILITY STUDY CASE - Having had good investment opportunuities in USA, with high return on equity now, your company BTT Co., would like to step in to the...

Complete the following problems from Chapter 12 in Financial Management: Theory and Practice : Chapter 12: Topics: Additional Funds Needed, Forecasted Statements and Ratios, Financing Deficits...

(Triangular pdf) We are interested in fitting a model with a parametric pdf equal to 2x w2, for 0xw, fw (x) = (1) otherwise, 19 where the parameter w is nonnegative. (a) The observed values are 1.25,...

Name the three factors that govern the structure of arrivals in a queuing system.

Determine the following indefinite integral. 9 - 2 s i n y c o s 2 y d y 9 - 2 s i n y c o s 2 y d y =

What new itemized deductions you feel should be put into place and why? Do you feel that this is an area that taxpayers are very concerned with?

Your Role and the Organization You are the Vice President of Human Resources for a professional baseball team that competes in a league with 30 franchises across 25 cities in the United States,...

Procedure 1. Review the simulated workplace information for Pitstop Pty Ltd provided in this task. Review the WHSMS design and WHS policy you proposed in Assessment 1. Prepare to plan and implement...

Anna is a customer service representative she Has the authority to handle low-level problems as she sees fit without having to get approval from a manager. Anna's company believes in blank. Option...

Analyzing change in sales price using the contribution margin ratio Kaito Company reported the following data regarding the one product it sells: Required Use the equation method and consider each...

To what types of products is a job-order costing system best suited? Provide examples.

Manning Cassey Computers (MCC) plans to produce and sell 1,600 computers for $720 each in the next fiscal year. The companys cost data follow. Required a. Construct a spreadsheet to calculate the...

How does the pricing of medical care in the United States affect the quantity consumed?

Explain how monopoly causes an inefficient allocation of resources when the competitive firm does not, even when both seek to maximize profits.

What is the difference between average, total, and marginal revenue? What is the shape of the total and marginal revenue curves for the individual competitive firm?