Improve the performance of her hotel

Assignment Help Financial Accounting

Reference no: EM13953135

Paige Vincent is the RM at the City Center Novotel. For over 12 months, she hasbeen working hard to improve the performance of her hotel. Paige just received thefollowing performance data. Help her understand the revenue optimization trendsfor her property by completing the chart and then answering the questions that follow.

City Center Novotel Performance:

Occupancy %	Novotel	Comp Set	Index
This month	57.2	58.1	?
Last 3 months	55.1	57.7	?
Last 12 months	51.3	55.6	?
ADR
This month	266.57	270.15	?
Last 3 months	244.91	269.69	?
Last 12 months	231.45	268.95	?
RevPAR
This month	?	?	?
Last 3 months	?	?	?
Last 12 months	?	?	?

Reference no: EM13953135

Questions Cloud

Managers place a high priority on internal control : Managers place a high priority on internal control systems because the systems assist managers

Increase the tax revenue generated by an income tax : Increases in the tax rate on income will always increase the tax revenue generated by an income tax.[Hint: Think about the tax rate effects incentives for income generation.]

Problem regarding the present value and future value : Brian Inc. estimates that it will need $150,000 in ten years to expand its manufacturing facilities. A bank has agreed to pay Brian 5% interest compounded annually if the company deposits the entire amount now needed to accumulate $150,000 in ten ..

Calculate separately for three weight groups the odds ratio : Assuming that the odds ratios for the three weight groups are equal (in other words, weight is not an e¤ect modifier), calculate the Mantel-Haenszel estimate of this common odds ratio.

Improve the performance of her hotel : Paige Vincent is the RM at the City Center Novotel. For over 12 months, she hasbeen working hard to improve the performance of her hotel.

What are the independent and dependent variables : They have recorded the steady increase of the sales of these walking slippers every month. They want to figure out the upward trend in sales so they create a trend line and use linear analysis to use the slope of the line to predict sales in futur..

Shrinkage in the most recent year : The Home Depot experienced no shrinkage in the most recent year. Using both companies' balance sheet and income statement

Showing possible terms of trade for country : Given the following table showing possible terms of trade for country I and country I's corresponding demand for imports of good Y at each terms of trade:

Impact of transactions involving contingent : From the following list, identify whether the change in the account balance during the year would be reported as an operating (O), an investing (I), or a financing (F) activity or not sepa- rately reported on the statement of cash flows (N). Assum..

User Account

All Pages