Quiz 3 - Hotel Industry Financial Ratios Quiz

What does the acronym RevPAR stand for in the hotel industry?

• Revenue per Available Room

• Revenue per Average Room

• Revenue per Allocated Room

• Revenue per Active Room

How is the Gross Operating Profit Margin calculated in the hotel industry?

What is the formula for calculating the Average Daily Rate (ADR)?

Which of the following best describes the Occupancy Rate in a hotel?

• The percentage of available rooms that are occupied

• The percentage of total revenue from room sales

• The percentage of rooms sold at a discount

• The percentage of rooms available for booking

How is the Cost per Occupied Room (CPOR) calculated?

What does TRevPAR stand for in the hotel industry?

• Total Revenue per Available Room

• Total Revenue per Average Room

• Total Revenue per Allocated Room

• Total Revenue per Active Room

If a hotel has 200 rooms and 150 are occupied, what is the Occupancy Rate?

• 65%

• 70%

• 75%

• 80%

A hotel has a total room revenue of $50,000 and sold 250 rooms. What is the Average Daily Rate (ADR)?

• $150

• $175

• $200

• $250

Which of the following is NOT a factor in calculating RevPAR?

• Average Daily Rate

• Occupancy Rate

• Total Revenue

• Number of Available Rooms

• 20%

• 25%

• 30%

• 35%