This topic contains a solution. Click here to go to the answer

Author Question: As an hotelier and given the following occupancy and ADR scenarios, which one makes the most sense ... (Read 166 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500

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

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.





 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library