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 129 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
Great answer, keep it coming :)

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
Brachial Plexus drawing plus the difference in the forearm Brachial Plexus drawing plus the difference in the forearm
Dose–response relationship. Dose–response relationship.
The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ... The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ...
Steiner taste response experiments on three newborns Steiner taste response experiments on three newborns
Sensitivity study for facial difference Sensitivity study for facial difference
Video: DNA Replication

For a complete list of videos, visit our video library