This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between ADR, REVPAR, and Total REVPAR? What will be an ideal response? (Read 91 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Sep 11, 2019

Question 1

What does concentration mean? Is the cruise industry concentrated?
 
  What will be an ideal response?

Question 2

What is the difference between ADR, REVPAR, and Total REVPAR?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Sep 11, 2019

Answer 1

Concentration refers to the share of market sales (revenue) accounted for by the largest firms. Two companiesCarnival and Royal Caribbeanaccount for over 70 of industry revenue, making this a highly concentrated industry.

Answer 2

ADRaverage daily rate; REVPARroom revenue per available room; Total REVPARall hotel revenue including that from food and beverage, spa, exercise facilities, meeting rooms, etc., per available room.


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Sep 11, 2019
Wow, this really help

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Response of a yeast cell to glucose Response of a yeast cell to glucose
Synaptic response of photoreceptors to dark and light. Synaptic response of photoreceptors to dark and light.
Selected Biological Response Modifiers Selected Biological Response Modifiers
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Sensitivity study for facial difference Sensitivity study for facial difference
An electron is accelerated from rest through a potential difference. After acceleration the ... An electron is accelerated from rest through a potential difference. After acceleration the ...
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library