The Gregory Hotel has 120 rooms. On September 21st. 83 rooms were sold.   In addition, there were 2 complimentary rooms for frequent stay guests.  A total of $6960 in room revenue was generated on Sept. 21.    Calculate the following for Sept 21.  Carry your final answers out to the 100th: Occupancy percentage ADR (Average Daily Rate)   RevPAR (Revenue per Available Room)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.5: Translating Sentences Into Equations
Problem 30WE
icon
Related questions
Question

The Gregory Hotel has 120 rooms. On September 21st. 83 rooms were sold.   In addition, there were 2 complimentary rooms for frequent stay guests.  A total of $6960 in room revenue was generated on Sept. 21.    Calculate the following for Sept 21.  Carry your final answers out to the 100th:

Occupancy percentage

ADR (Average Daily Rate)

 

RevPAR (Revenue per Available Room)

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL