The RevPATI for a car rental company is RevPAC Revenue Per ...

[ap345]

The RevPATI for a car rental company is RevPAC  Revenue Per Available Car-day. The RevPAC for Company V is 42 and the RevPAC for Company W is 56 . Which company has higher revenues?
 
  What will be an ideal response?

Question 2

The RevPATI for a hotel is RevPAR (Revenue Per Available Room-night). What could the RevPATI be for an airline, spa, barber shop, and restaurant?
 
  What will be an ideal response?

[missalyssa26]

Answer to Question 1

It is impossible to determine from the given information. If both companies had an inventory of 100 cars and both companies were open for 365 days/year, the answer would be Company W because:

Company W revenues = 56  100  365 = 2,044,000
Company V revenues = 42  100  365 = 1,533,000

If Company V had an inventory of 100 cars and Company W had an inventory of 70 cars (both open 365 days), the answer would be different because:

Company V revenues = 1,533,000
Company W revenues = 56  70  365 = 1,430,800

Answer to Question 2

Airline  RevPASM (Revenue Per Available Seat Mile)
Spa  RevPATH (Revenue Per Available Treatment-room Hour)
Barber Shop  RevPACH (Revenue Per Available Chair Hour)
Restaurant  RevPASH (Revenue Per Available Seat Hour)

[ap345]

Both answers were spot on, thank you once again

[missalyssa26]

Great! Please up vote