Question

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?

Answer 1

Answer:

200

Step-by-step explanation:

Total room =300

Sold room =450

Dally Average Rate =.300

Calculation of revised PAR

=300*300/450

=90,000/450

=200

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Answer 2

Answer:

  $225

Step-by-step explanation:

Revenue per available room was ...

  ($300/room sold)(450 rooms sold)/((300 rooms/night)(2 nights))

  = $(300·450/(300·2) = $(450/2)

  = $225