asked 907 views
1 vote
Peter is a revenue manager of a 300-room hotel. Over this past weekend (including both Saturday and Friday evenings) he sold 450 of his guestrooms with an average daily rate (ADR) of $300.00. What was his hotel's RevPAR for the past weekend?

2 Answers

0 votes

Answer:

200

Explanation:

Total room =300

Sold room =450

Dally Average Rate =.300

Calculation of revised PAR

=300*300/450

=90,000/450

=200

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answered
User Vjangus
by
8.6k points
6 votes

Answer:

$225

Explanation:

Revenue per available room was ...

($300/room sold)(450 rooms sold)/((300 rooms/night)(2 nights))

= $(300·450/(300·2) = $(450/2)

= $225

answered
User Nyron
by
8.2k points
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