Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

A 334-room hotel recorded room revenue of $42,440 per available room. What is the hotel's ADR if its occupancy percentage is $74.2%?

1 answer below »
A 334-room hotel recorded room revenue of $42,440 per available room. What is the hotel's ADR if its occupancy percentage is $74.2%?
Answered Same Day Dec 20, 2021

Solution

Robert answered on Dec 20 2021
126 Votes
A 334-room hotel recorded room revenue of $42,440 per available room. What is the hotel's ADR if its
occupancy percentage is $74.2%?
Solutions
ADR = Room Revenue / Rooms Occupied
Rooms Occupied = Available Room * occupancy percentage
= 334 * 74.2%
= 248 Rooms Approx
Therefore...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here