Question: Which ratio helps evaluate a hotel's profitability by considering both revenue and expenses? a ADR ( Average Daily Rate ) b RevPAR ( Revenue per

Which ratio helps evaluate a hotel's profitability by considering both revenue and expenses?
a
ADR (Average Daily Rate)
b
RevPAR (Revenue per Available Room)
c
GOPPAR (Gross Operating Profit per Available Room)
d
ARR (Average Room Revenue)

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 General Management Questions!

Q:

Budget for Cityscape Hotel Total Budget $2,00,00,000 Breakdown Expected Percent of Total Project Cost Expected Price Hard Cost (Material, Construction) 55%-66% $116,000,000 Land 10%-21% 36,000,000...

Q:

According to the Rosewood case study,moving to a corporate brand from an individual brand is expected to improve customer lifetime value (CLV).Use the Rosewood excel fileRosewood to calculate the...

Q:

In what may be a first for the hospitability industry, Brian Collins, hotel owner, has asked James McBride, Ritz-Carlton general manager, to lengthen the amount of time spent training hotel employees...

Q:

The Accra Beach Hotel: Block Booking of Capacity During a Peak Period' Sheryl E. Kimes, Jochen Wirez and Christopher Lovelock Cherita Howard, Sales Manager for the Accra Beach Hotel a 141-room hotel...

Q:

Download ASOI Hotel Metrics.xlsx ZOOM ADHD Anal The lowreed the performance of the former 10 yeah 1.fw you holy rentable, bly weather 1. Anteceden Calate your own 1. What we your construere in the...

Q:

Communications of the Association for Information Systems Volume 15 Article 5 1-26-2005 Outrigger Hotels and Resorts: A Case Study Gabriele Piccoli Cornell University, gp45@cornell.edu Follow this...

Q:

Starwood Hotels (Starwood) owns and operates many hotel properties under well-known brand names, including Sheraton, W, Westin, and St. Regis. Starwood focuses on the upper end of the lodging...

Q:

4.27 Analyzing the Profitability of Two Hotels. Starwood Hotels (Starwood) owns and operates many hotel properties under well-known brand names, including Sheraton, W, Westin, and St. Regis. Starwood...

Q:

Starwood Hotels (Starwood) owns and operates many hotel properties under well-known brand names, including Sheraton, W, Westin, and St. Regis. Starwood focuses on the upper end of the lodging...

Q:

True/False Questions. Circle either T for true or F for false: Hotels are often graded by stars: the more stars the better the hotel, with 5 stars typically the best. T F Strange as it may seem, most...

Q:

A client has $5,000,000 saved and can convert that to an annuity that will generate 20 equal semiannual payments starting 6 months from now and has a remaining value of $0.00 10 years from now....

Q:

Consider the following cumulative distribution function I

Q:

Which of the following is NOT an example of using demographic segmentation? A telemarketer plan to sell a consumer life insurance to the person whose household income falls into $ 5 0 , 0 0 0 and $ 9...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...