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 147 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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Beware of “Common Sense” Explanations Beware of “Common Sense” Explanations
April Greiman, Does It Make Sense? April Greiman, Does It Make Sense?
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
Psychology: It’s Not Just “Common Sense” Psychology: It’s Not Just “Common Sense”
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library