Questions -
1. A 240-room hotel with a 365-day year sold 52,900 rooms (paid occupancy of $3,245,619) for the year. Compute its occupancy percentage for that year.
2. A 240-room hotel with a 365-day year sold 52,900 rooms (paid occupancy of $3,245,619) for the year. Compute its average room rate for that year.
3. A motel had 75 rooms available for sale on December 15. The paid room occupancy was $3,024 on 59 rooms sold for that evening. Compute the occupancy percentage for December 15.
4. A motel had 75 rooms available for sale on December 15. The paid room occupancy was $3,024 on 59 rooms sold for that evening. Compute the average room rate for December 15.
5. In the month of March, which has 31 days, a hotel has rooms revenue of $248,320 and total revenues of $286,033. There are 80 rooms in the hotel, and the hotel has an average of 122 guests per night for the month. What is the hotel's RevPAC for March?
6. What was a hotel's current labor expense if its labor cost ratio was 35% and its net sales were $900,000?
7. In April, a hotel had a daily capacity of 315 rooms available for sale. The paid room occupancy was $397,557 on 5,868 room nights sold. Compute the occupancy percentage (as a whole number) based on rooms available to sell for the month of April.