REVENUE

HOTELS HAVE PERISHABLE INVENTORY.

• TRUE

• FALSE

WHAT IS RM OBJECTIVE?

• TO ENSURE ALL ROOMS ARE SOLD WELL IN ADVANCE TO AVOID LAST MINUTE STRESS

• SELLING THE PRODUCT AT A HIGHER PRICE THAN YOUR COMPETITION HOTEL

• RIGHT PRODUCT TO THE RIGHT CUSTOMER AT THE RIGHT TIME AT THE RIGHT PRICE

• RIGHT PRODUCT TO THE RIGHT CUSTOMER AT THE LAST MINUTE TO ENSURE HIGH PRICE.

WHICH DEPARTMENT SHOULD LOOK INTO DEMAND FORECAST TO OPTIMIZE PLANNING ?

• HOUSEKEEPING

• F&B PRODUCTION

• REVENUE MANAGEMENT

• ALL OF THE ABOVE

HOW DO YOU CALCULATE OCCUPANCY %

• ROOMS SOLD/ROOM ADR

• ROOMS SOLD/ROOM AVAILABLE

• ROOMS AVAILABLE x ROOM ADR

• ROOMS AVAILABLE MINUS OUT OF ORDER ROOMS

HOW DO YOU CALCULATE ROOM ADR?

• ROOM REVENUE/ROOMS SOLD

• ROOM REVENUE/ROOMS AVAILABLE

• ROOMS AVAILABLE/ROOM REVPAR

• I DONT KNOW

HOW DO YOU CALCULATE REVPAR?

• ROOMS SOLD-ROOM REVENUE

• ROOMS AVAILABLE/ROOMS ADR

• OCCUPANCY % X ROOM REVENUE

• ROOMS REVENUE/ROOM AVAILABLE

IF THE HOTEL IS AT 100% OCCUPANCY ROOM ADR AND REVPAR WILL BE BE THE SAME.

• TRUE

• FALSE

HOTEL ABC HAS AN INVENTORY OF 100 ROOMS THE HOTEL DID 50% OCCUPANCY AND ROOM REVENUE OF 6000 USD WHAT IS THE ROOM ADR?

• 100 USD

• 50 USD

• 120 USD

• 110 USD

HOTEL ABC HAS AN INVENTORY OF 100 ROOMS WHAT IS THE REVPAR IF THE HOTEL CLOSED AT 60% OCCUPANCY AT AN ADR OF 150 USD?

• 120 USD

• 90 USD

• 100 USD

• 95 USD