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 126 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
:D TYSM

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Androgens modulate the inflammatory response during acute wound healing Androgens modulate the inflammatory response during acute wound healing
Total hip prosthesis. Total hip prosthesis.
Dose–response relationship Dose–response relationship
Dynamic Response of Thermometers Experiment Dynamic Response of Thermometers Experiment
Variations in patient response to drugs Variations in patient response to drugs
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Cerebral Cortex Animation

For a complete list of videos, visit our video library