Jamie Lynn is the RM at a 250room full-service hotel property. Her comp set incl
ID: 358929 • Letter: J
Question
Jamie Lynn is the RM at a 250room full-service hotel property. Her comp set includes ve full- and limited-service properties:
Property
Number of Rooms
Supply
Sheraton
235
?
Radisson
220
?
Holiday Inn Crown Plaza
271
?
Hyatt Place
314
?
Clarion
210
?
JAMIE LYNN
250
?
Total
?
?
The demand and revenue performance of Jamie Lynn’s hotel for the time period. January through May is listed below.
Month
Demand
Revenue
January
16.2
23.7
February
18.5
15.5
March
16.7
17.1
April
20.1
20.5
May
23.7
16.2
Property
Number of Rooms
Supply
Sheraton
235
?
Radisson
220
?
Holiday Inn Crown Plaza
271
?
Hyatt Place
314
?
Clarion
210
?
JAMIE LYNN
250
?
Total
?
?
Explanation / Answer
Jamie Lynn has 250 rooms available and the Comp set includes five properties which will total to - 1250 rooms (235 + 220 + 271 + 314 + 210). Hence Jamie Lynn proportion of comp set supply is - Jamie Lynn supply : Comp set supply
= 250 : 1250 = 1: 5 or 20%
So, out of every five rooms, one room is Jamie Lynn
Property Number of rooms Supply Sheraton 235 18.57% Radisson 220 17.18% Holiday inn crown plaza 271 22.05% Hyatt place 314 26.47% Clarion 210 16.27% Jamie Lynn 250 20% Total 1500Related Questions
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