The following information pertains March, 20XX: What is the average daily rate assuming room revenue is...
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The following information pertains March, 20XX: What is the average daily rate assuming room revenue is 64% of total revenue? Rooms in Hotel Paid Rooms Occupied Rooms Total Guests In-House Rooms occupied by 2 or More Guests Total Hotel Revenue 300 4,597 5.105 5,894 1,893 $1,527,389 The following information pertains March, 20XX: What is the average daily rate assuming room revenue is 64% of total revenue? Rooms in Hotel Paid Rooms Occupied Rooms Total Guests In-House Rooms occupied by 2 or More Guests Total Hotel Revenue 300 4,597 5.105 5,894 1,893 $1,527,389
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ANSWER To calculate the average daily rate ADR for a hotel we can use the followin... View the full answer
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Posted Date:
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