Question: Use the following information to answer this question: Total guests during the year for a hotel 166,576 Number of rooms available (per day) 463 Occupancy
Use the following information to answer this question:
Total guests during the year for a hotel 166,576
Number of rooms available (per day) 463
Occupancy 78.855%
RevPAR 92.01
The ratio of room revenue to total revenue 65%
The ratio of gross operating profit to total revenue 45%
The total revenue per available room (Daily) is___________
Group of answer choices
A. $115.55
B. None of the above
C. $141.55
D. $114.55
E. $151.55
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