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29 September, 03:17

Peter is a revenue manager of a 300-room hotel. Over this past weekend (including both Saturday and Friday evenings) he sold 450 of his guestrooms with an average daily rate (ADR) of $300.00. What was his hotel's RevPAR for the past weekend?

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  1. 29 September, 03:31
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    Rev PAR = $200

    Explanation:

    Given:

    Hotel room = 300

    Guest room = 450

    Average daily rate = $300

    Rev PAR for the past weekend = ?

    Computation:

    Total rooms revenue = Hotel room * Average daily rate

    Total rooms revenue = 300 * $300

    Total rooms revenue = $90,000

    Computation of Rev PAR for the past weekend:

    Rev PAR = Total rooms revenue / Guest room

    Rev PAR = $90,000 / 450

    Rev PAR = $200
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