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 165 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?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

"Practice makes perfect" "Practice makes perfect"
Who Makes The Decisions at Home? Who Makes The Decisions at Home?
Monkey Experiment: Sense of Fairness Monkey Experiment: Sense of Fairness
Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ... Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ...
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 ...
Human sense of smell Human sense of smell
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library