Reference no: EM133105281
Hotel Management & Rooms Division Discussion
Q1: Q2:Using the information provided, compute the following:
AirBnB's (bed and breakfast) are new competition for hotel chains. They offer a place to stay, at a more affordable price, and provide laundry, cooking, and fridge services. If you managed an AirBnB, rented out a part of your house for short stays, what are 2 things you would offer to compete with hotels?
You manage hotel with 500 rooms. 5 rooms are off the market for maintenance and 175 are occupied (being rented). Your rooms revenue is $150,000.
(a) Occupancy percentage (%) (pg. 64) Rooms occupied/Rooms available
(b) Average daily rate (pg. 64) Rooms Revenue/Rooms Sold
(c) RevPAR (pg. 77) Room Revenue/Total Rooms Available
(d) Which is the most useful calculation to you and why?
Calculate gross profit and prepare an income statement
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Hotel management-rooms division discussion
: AirBnB's (bed and breakfast) are new competition for hotel chains. They offer a place to stay, at a more affordable price, and provide laundry, cooking, and fri
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