How does a pms calculate occupancy

Reference no: EM133299806

Question 1. For the first section on the report, Revenue By Type, please explain the reasons of breaking down the revenues into the categories of Rooms, Incidentals, and Taxes. Why is this data shown in daily, month-to-date (MTD), and year-to-date (YTD) views?

Question 2. A PMS produces the key hotel performance metrics (ADR, OCC, RevPAR) that are crucial for evaluation of hotel performance. Please check out the Property Statistics section.

a. Why is it important to reflect a number of Out of Inventory rooms on the report? b. Explain the Occupancy percentage metric of hotel's performance. How does a PMS calculate occupancy? Please use the numbers from the report to demonstrate how occupancy percentage was calculated.

c. Explain ADR metric on the report. How does a PMS calculate ADR? Please use the numbers from the report to demonstrate how ADR was calculated.

d. Explain RevPAR metric on the report. How does a PMS calculate RevPAR? Please use the numbers from the report to demonstrate how RevPAR was calculated.

Question 3. Please list the Daily Summary metrics. Explain the importance of having these metrics available on the report. How does a PMS calculate all these metrics?

Reference no: EM133299806

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