Ask Question
12 September, 03:50

Peter is a revenue manager of a 300-room hotel. Over this past weekend (including both Saturday and Friday evenings) he sold 450 of his guestrooms with an average daily rate (ADR) of $300.00. What was his hotel's RevPAR for the past weekend?

Group of answer choices

+1
Answers (1)
  1. 12 September, 03:55
    0
    Rev PAR = $200

    Explanation:

    Given:

    Hotel room = 300

    Guest room = 450

    Average daily rate = $300

    Rev PAR for the past weekend = ?

    Computation:

    Total rooms revenue = Hotel room * Average daily rate

    Total rooms revenue = 300 * $300

    Total rooms revenue = $90,000

    Computation of Rev PAR for the past weekend:

    Rev PAR = Total rooms revenue / Guest room

    Rev PAR = $90,000 / 450

    Rev PAR = $200
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Peter is a revenue manager of a 300-room hotel. Over this past weekend (including both Saturday and Friday evenings) he sold 450 of his ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers