Chapter 7 Apply What You Know-Student Worksheet 7.1 Kingston Harbor Inn Upsell R

Question

Chapter 7 Apply What You Know-Student Worksheet 7.1 Kingston Harbor Inn Upsell Results: Week 1 Room Type Rack Rate Nights Reserved Reserved Revenue Actual Night Usage Actual Revenue Superior Parlor Suite $299.99 75 $22,499.25 75 $22,499.25 Parlor Suite $249.99 100 $24,999.00 110 $27,498.90 Jr. Parlor Suite $219.99 125 $27,498.75 140 $30,798.60 Deluxe $159.99 250 $39,997.50 275 $43,997.25 Standard $109.99 450 $49,495.50 400 $43,996.00 Total Nights 1000 1000 Total Revenue $168,790.00 ADR Total Revenue Difference Total Revenue % Difference Total Revenue Difference * 52 Weeks Chapter 7 Apply What You Know-Student Worksheet 7.1 Kingston Harbor Inn Upsell Results: Week 1 Room Type Rack Rate Nights Reserved Reserved Revenue Actual Night Usage Actual Revenue Superior Parlor Suite $299.99 75 $22,499.25 75 $22,499.25 Parlor Suite $249.99 100 $24,999.00 110 $27,498.90 Jr. Parlor Suite $219.99 125 $27,498.75 140 $30,798.60 Deluxe $159.99 250 $39,997.50 275 $43,997.25 Standard $109.99 450 $49,495.50 400 $43,996.00 Total Nights 1000 1000 Total Revenue $168,790.00 ADR Total Revenue Difference Total Revenue % Difference Total Revenue Difference * 52 Weeks

Explanation / Answer

Kingston Harbor Inn Upsell Results: Week 1 Room Type Rack Rate($) Nights Reserved Reserved Revenue ($) Actual Night Usage Actual Revenue ($) Superior Parlor Suite 300.0 75 22,499 75 22,499 Parlor Suite 250.0 100 24,999 110 27,499 Jr. Parlor Suite 220.0 125 27,499 140 30,799 Deluxe 160.0 250 39,998 275 43,997 Standard 110.0 450 49,496 400 43,996 Total Nights 1000 1000 Total Revenue 164,490 168,790 ADR Total Revenue Difference $4,300 Total Revenue % Difference 2.61 Total Revenue Difference * 52 Weeks $223,600

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