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Calculate the actual rooms occupancy percentage

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Reference no: EM132498939

Runaway Hotel has 23 guest rooms. The hotel recorded the following information for the month of September 2010:

  • Room revenue was $28,950
  • A total of 522 rooms were occupied
  • A total of 1,234 guests are using the 522 rooms occupied
  • For the month of September Runaway Hotel had budgeted that 605 rooms would be occupied and the average daily room rate would be $60.

Required:

Question (a) Calculate the following for the Runaway Hotel:

  1. Actual rooms occupancy percentage
  2. Budgeted rooms occupancy percentage
  3. Guest density
  4. Actual average daily room rate

Question (b) Briefly explain what each of the above calculations show

Reference no: EM132498939

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