What is the total revenue per available room for a 310-room hotel if rooms reven

Question

What is the total revenue per available room for a 310-room hotel if rooms revenue represented 62.3% of total revenue? The hotel's rooms revenue was $38,755 per available room. What Is a 323-room hotels GO PAP if As GOP represented 35.3% of total revenue? The hotel generated rooms revenue of $61.469 on a per available room basis, and its percentage of rooms revenue to total revenue is 71.4%. A 45 room resort hotel hoi three sizes of rooms, as follows: 15 singlet at 150 square feet each 15 doublet at 220 square feet each 5 suites at 380 square feet each Occupancy is 80%. The projected total tales revenue from rooms next year it $912,500. If average room rote were to be based solely on room sue. what would the average room rote foe each type of room be nest year?

Explanation / Answer

All Amounts in $ Answer 5 Room Revenue in total = 310 rooms X $ 38,755 per room = 310 X 38,755 = 12014050 $ Room Revenue is 62.3% of total revenue Hence, Total Revenue = 19284189 $ Since there are 310 rooms available, The Total Revenue per available room is 62207.06 $ Answer 6 Room Revenue in Total = $ 61,469 X 323 rooms = 323 X 61,469 = 19854487 $ The room revenue is 71.4% of the total revenue Hence, Total Revenue = 27807405 $ GOP is 35.3% of Total Revenue Hence, GOP comes to 9816014 $ GOPAR is Gross Average Profit (GOP) per Available Room (AR) Therefore, GOPAR when calculated works out to 30390.14 $ Answer 7 Total Square Feet expected to be occupied Single Rooms 2250 Double Rooms 3300 Suites 5700 Total 11250 Occupancy is 80% Hence, total square feet for occupancy 9000 The revenue from the rooms per square feet will be 101.3889 $ Single Room rate for 150 sq.ft. rooms will be 182500.00 Double Room Rate for 220 sq.ft.rooms will be 267666.67 Suites Room Rate for 380 sq.ft.rooms will be 462333.33

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