Question

Last month your average daily rate was $76.99, and you had 2,932 rooms occupied. You want to know how this compares to the same month in the previous year. If your Room Revenue for the previous year was $231,470, and your average daily rate was $76.72, how does the number of rooms occupied compare from this year to last year?

Answer 1

Answer:

85 less rooms this year than last

Explanation:

The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):

$n=\frac{\ 231,470}{\ 76.72}\\n=3,017$

The number of rooms occupied last year is larger than the number of rooms occupied this year by:

$\Delta n = 3,017-2,932\\\Delta n = 85\ rooms$

The hotel occupied 85 less rooms this year than last.