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

Author Question: As an hotelier and given the following occupancy and ADR scenarios, which one makes the most sense ... (Read 163 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Sep 11, 2019

Question 1

Why was Amtrak formed?
 
  What will be an ideal response?

Question 2

As an hotelier and given the following occupancy and ADR scenarios, which one makes the most sense from an operational and financial standpoint?
 
  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

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Sep 11, 2019

Answer 1

Amtrak was formed in 1970 when several railroads carrying passengers neglected passengers in favor of freight and service declined sharply.

Answer 2

Scenario 1 Scenario 2
Occupancy rate 70 Occupancy rate 50
ADR 100 ADR  150
Scenario 1 .70 x 100 = 70 REVPAR Scenario 2 .50 x 150 = 75 REVPAR

From an operational and financial standpoint, Scenario 2 is the most beneficial. At an occupancy rate of 50 and rate of 150 not only does the hotel have greater revenue and REVPAR but also there are less operational costs and physical wear on the building facilities and amenities.


mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Sep 11, 2019
TY


Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Sep 11, 2019
You're welcome


« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Refinement of skills and a growing sense of independence are most noted in toddlers Refinement of skills and a growing sense of independence are most noted in toddlers
What makes tea so good What makes tea so good
Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
Role-Play Scenarios Role-Play Scenarios
A Sense of Ethnicity A Sense of Ethnicity
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library