1 answer

Please show your work 6. A hotel located in the North West part of the United...

Question:

please show your work
6. A hotel located in the North West part of the United States recorded occupancy of 73.4%, an ADR of $90.17 in 2012. Its com
6. A hotel located in the North West part of the United States recorded occupancy of 73.4%, an ADR of $90.17 in 2012. Its comp set recorded a RevPAR of $59.34. If the hotel would like to increase its RevPAR index to 120 while maintain its current occupancy for the year 2013, what ADR would the property have to achieve? A. $67.37 B. $52.27 C. $97.01 D. $36.30 120 = 34 )

Answers

RevPAR desired by the hotel = 120% of $59.34

= $71.208

Now RevPAR = ADR*occupancy %

So 71.208 = ADR * 73.4%

Or ADR = 71.208/73.4%

= 97.01

So the answer is option “C” $97.01

.

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