1.       A 300 room hotel, costing $14 million, should have a room rate of (a)   .

1.      Rooms used for in-house use, such as those set aside for hotel employees and complimentary ones, are excluded from the calculation of (a)   .

1.       Calculate the occupancy rate or % by dividing the total number of rooms occupied by the total number of rooms available times   (a)   .

1.       The formula for (a)   calculation is  (Room + F&B + Other Revenue) / Total occupied rooms.

Directions: Read the hotel scenario and by using revenue management formulas, calculate for the correct answers required below.

In a 300 room hotel where 210 rooms are sold by 350 registered hotel guests on a potential double rate of $70 and potential single rate of $45 on February 22, 2021 with generated room revenue of $25000. Two (2) bridal suites and 1 in- house employee use were also registered on the PMS. Other revenues for the night were telephone calls ($152), laundry charges ($320), and room service ($250), and restaurant vouchers ($850).

Please type "hotel" for the answer.

(a)  

Occupancy Percentage:

(a)  

ADR:

(a)  

HADR:

(a)  

RevPar:

(a)  

TRevPor:

(a)  

Average Guest Per Room:

(a)  

Average Rate Per Guest:

(a)  

Rate Spread:

(a)