Question

This problem is not in the book but is something you should be able to calculate by now. 1. 2.5 Points The results for June for a 400 room hotel were as follows: Room Revenue $1,200,000, Rooms Profit $900,000, 10,580 Rooms Sold. Calculate the following # of Available Rooms for the full month of June Occupancy for June Average Room Rate for June Revpar for June - Profit % for June

Answer 1

a)
Total number of rooms available for sale = 400 rooms x 30 days	12000
Number of rooms sold out	10580
# of Available Rooms for the full month of June	1420	Rooms
b)
Occupancy rate = 10580/12000	88.17%
c)
Average Room rate = $1200000/10580	$     113.42
d)
RevPar = Room Revenue/Total available room = 1200000/12000	$     100.00
RevPar = Average room rate x Occupancy Rate = $113.42 x 88.17%	$     100.00
e)
Profit % = $900000/$1200000	75.0%