1. 1. Figure out the average daily rate using the following figures:
|
Room revenue |
Rooms occupied |
|
Day 1 $50,000 |
200 |
|
Day 2 $45,000 |
220 |
|
Day 3 $55,000 |
250 |
2. 2. Figure out the occupancy percentage for the above figures if the rooms available are 300.
3. 3. Finally compute the two above answers to come up with the REVPAR.
4. Note: submit your answers, do not use attatchment. Show your calculations.