Suppose that Allianz Lodging Establishment has 300 rooms with 70% occupancy on daily basis. The ADR of this hotel is $80...
Suppose that Allianz Lodging Establishment has 300 rooms with 70% occupancy on daily basis. The ADR of this hotel is $80.00 and it operates every day in a certain year. Also, this hotel has $4 million annual F&B revenue. On daily basis, the total number of guests stayed at Allianz is 100. Based on the information given, calculate the revenue per available customer (assume that total number of guests stay constant through the year and there are 365 days in a year).
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Suppose that Allianz Lodging Establishment has 300 rooms with 70% occupancy on daily basis. The ADR of this hotel is $80...
The operation team of H hotel, which has 25 rooms on daily basis, has projected that...
The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occupancy will be 60.00% with total revenue of $620,000 and total expenses of $50,000 for the next year. The income tax bracket is 40.00%. Assume that there are only single and double rooms for H with a double occupancy of 70.00% and the double rooms are sold at a percentage markup of 20.00% over singles. Based on the information given, what are the...
The Evergreen hotel, a 200-room lodging facility, uses regression analysis to forecast dining rooms meals and...
The Evergreen hotel, a 200-room lodging facility, uses regression analysis to forecast dining rooms meals and revenues. You, as a GM, has set the regression equations as follows: Breakfast: y = 50 + 0.42x Lunch: y = 200 + 0.21x where, “y” equals forecasted meals and “x” is the #of hotel guests. Further, daily average guest check in the hotel’s dining room is expected to be as follows: Breakfast: $3.25 Lunch: $6.50 Dinner: $12.95 Based on the information given, forecast...
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue...
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue for the month of September is $240,000. Calculate: 1. Occupancy rate for September 2. Average room revenue for occupied room per day 3. Average number of rooms occupied per day 4. Average room revenue for total number of rooms per day
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue...
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue for the month of September is $240,000. Calculate: 1. Occupancy rate for September 2. Average room revenue for occupied room per day 3. Average number of rooms occupied per day 4. Average room revenue for total number of rooms per day
10 Problem 6 bibelsto Part A: The Aaron Hotel, a 100-room limited-service operation, has provided you...
10 Problem 6 bibelsto Part A: The Aaron Hotel, a 100-room limited-service operation, has provided you with the following data for the months of May and June: on trom May June Single rooms sold 1,000 950 Double rooms sold 1,600 1,610 Room revenue $221,000 $222,720 Number of paid guests 4,520 4,653 Required: don b onsolosa toru 1. Compute the paid occupancy for May. OOS R o b o 2. What was the monthly ADR for June? OVO 3. What was...
Prepare the pro forma income statement for a two-department company A hotel operation has 120 rooms...
Prepare the pro forma income statement for a two-department company A hotel operation has 120 rooms and a 100-seat restaurant. Please prepare a pro forma income statement for the next year to determine the forecasted net income. Rooms department: In the previous year of operations the occupancy rate was 70% and the average room rate was $48. The GM is forecasting the occupancy rate to increase by 5% and the average room rate is to be increased by $4. Cost...
Sleepy Hollow Hotels Inc.(SH) operates two hotels in theMeto eion.ach hoeand rooms: standard room...
Sleepy Hollow Hotels Inc.(SH) operates two hotels in theMeto eion.ach hoeand rooms: standard room and deluxe. SHH has a total of 300 deluxe rooms an following are the relevant budgeted and the actual results for SHH for the a etro region. Each hotel has two grades of reson70t May The ro Sales Revenue for 92 days in the Quarter: Budgeted Revenue Actual Revenue $8,721,600 $8,825,100 Average Daily Occupancy Rates Deluxe Standard # of Rooms 240 285 # of Rooms 490...
HomeSuites is a chain of all-suite, extended-stay hotel properties. The chain has 18 properties with an...
HomeSuites is a chain of all-suite, extended-stay hotel
properties. The chain has 18 properties with an average of 220
rooms in each property. In year 1, the occupancy rate (the number
of rooms filled divided by the number of rooms available) was 70
percent, based on a 365-day year. The average room rate was $170
for a night. The basic unit of operation is the “night,” which is
one room occupied for one night.
The operating income for year 1...
HomeSuites is a chain of all-suite, extended-stay hotel properties. The chain has 16 properties with an...
HomeSuites is a chain of all-suite, extended-stay hotel properties. The chain has 16 properties with an average of 150 rooms in each property. In year 1, the occupancy rate (the number of rooms filled divided by the number of rooms available) was 70 percent, based on a 365-day year. The average room rate was $204 for a night. The basic unit of operation is the "night," which is one room occupied for one night. The operating income for year 1...
need help answering these with workout shown please 5-Star Lux Hotel Hotel Configuration Total Bed 1...
need help answering these with workout shown please
5-Star Lux Hotel Hotel Configuration Total Bed 1 Bed 2 Bed 3 (Single) (Double) (Penthouse) 30 60 20 1 1 area per room (square metres) number of rooms first floor - 240 square metre second floor - 240 square metre third floor - 240 square metre number of rooms floor space square metres) planned occupancy rate (%) (open 365 days) average selling price (Stroom/night) 1 3 4 3 4 3 4 9...
The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occupancy will be 60.00% with total revenue of $620,000 and total expenses of $50,000 for the next year. The income tax bracket is 40.00%. Assume that there are only single and double rooms for H with a double occupancy of 70.00% and the double rooms are sold at a percentage markup of 20.00% over singles. Based on the information given, what are the...
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue for the month of September is $240,000. Calculate: 1. Occupancy rate for September 2. Average room revenue for occupied room per day 3. Average number of rooms occupied per day 4. Average room revenue for total number of rooms per day
Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue for the month of September is $240,000. Calculate: 1. Occupancy rate for September 2. Average room revenue for occupied room per day 3. Average number of rooms occupied per day 4. Average room revenue for total number of rooms per day
10 Problem 6 bibelsto Part A: The Aaron Hotel, a 100-room limited-service operation, has provided you with the following data for the months of May and June: on trom May June Single rooms sold 1,000 950 Double rooms sold 1,600 1,610 Room revenue $221,000 $222,720 Number of paid guests 4,520 4,653 Required: don b onsolosa toru 1. Compute the paid occupancy for May. OOS R o b o 2. What was the monthly ADR for June? OVO 3. What was...
Sleepy Hollow Hotels Inc.(SH) operates two hotels in theMeto eion.ach hoeand rooms: standard room and deluxe. SHH has a total of 300 deluxe rooms an following are the relevant budgeted and the actual results for SHH for the a etro region. Each hotel has two grades of reson70t May The ro Sales Revenue for 92 days in the Quarter: Budgeted Revenue Actual Revenue $8,721,600 $8,825,100 Average Daily Occupancy Rates Deluxe Standard # of Rooms 240 285 # of Rooms 490...
HomeSuites is a chain of all-suite, extended-stay hotel
properties. The chain has 18 properties with an average of 220
rooms in each property. In year 1, the occupancy rate (the number
of rooms filled divided by the number of rooms available) was 70
percent, based on a 365-day year. The average room rate was $170
for a night. The basic unit of operation is the “night,” which is
one room occupied for one night.
The operating income for year 1...
HomeSuites is a chain of all-suite, extended-stay hotel properties. The chain has 16 properties with an average of 150 rooms in each property. In year 1, the occupancy rate (the number of rooms filled divided by the number of rooms available) was 70 percent, based on a 365-day year. The average room rate was $204 for a night. The basic unit of operation is the "night," which is one room occupied for one night. The operating income for year 1...
need help answering these with workout shown please
5-Star Lux Hotel Hotel Configuration Total Bed 1 Bed 2 Bed 3 (Single) (Double) (Penthouse) 30 60 20 1 1 area per room (square metres) number of rooms first floor - 240 square metre second floor - 240 square metre third floor - 240 square metre number of rooms floor space square metres) planned occupancy rate (%) (open 365 days) average selling price (Stroom/night) 1 3 4 3 4 3 4 9...
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