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Marina86 [1]
3 years ago
7

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
Business
1 answer:
Jet001 [13]3 years ago
4 0

Answer:

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

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Answer:

See Explanation

Explanation:

Given

The histogram

Required

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Using the first class, as reference:

Lower\ Limits = 1

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So, the class width is:

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6 0
3 years ago
Elsem Foods Inc. is a company that manufactures packaged food. It sells several varieties of packaged food such as chips, cupcak
valentina_108 [34]

Answer:

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Explanation:

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A successful sushi chain in Hong Kong spent $500,000 to conduct a study on whether to open a location in the United States. The
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4 0
3 years ago
Public goods represent a market failure because
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4 years ago
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LekaFEV [45]

Answer:

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