Sunrise Suites and Nationwide Inns operate competing hotel chains across the region. Hotel capacity information for both
Question:
Sunrise Suites and Nationwide Inns operate competing hotel chains across the region. Hotel capacity information for both hotels is as follows:
Number of Hotels Average Number of Rooms per Hotel
Sunrise Suites...................120............................................................90
Nationwide Inns...............150............................................................76
Information on the number of guests for each hotel and the average length of visit for June were as follows:
Number of Guests Average Length of Visit (in Nights)
Sunrise Suites...............183,600.........................................................1.5
Nationwide Inns...........228,000.........................................................1.2
A. Determine the guest nights for each hotel in June.
B. Determine the room nights for each hotel in June.
C. Determine the occupancy rate of each hotel in June.
D. Interpret the results in (C).
Step by Step Answer:
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac