Based on the following data, please calculate: multiple occupancy rate (%) average rate per guest Total guests during the year 38, 460 Rooms occupied during the year 29, 840 Rooms available during the year 43,246 Total rooms revenue during the year $3,357, 558

Hilton Worldwide Holdings Inc. (HLT) and Marriott International, Inc. (MAR) reported the following occupancy data for two recent years:    Hilton: Year 2:    57.2%  - Year 1:   40.3% Marriott :Year 2: 51.3%  - Year 1:   31.4% 1. Comment on Hilton’s occupancy rate for Years 1 and 2. 2. Comment on Marriott’s occupancy rate for Years 1 and 2. 3. Which company has the highest occupancy rate? 4. What other factors should be considered in comparing Hilton and Marriott?

A recent annual report of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) provided the following occupancy data for two recent years:

The following is the Room Department Statement of profit for  Calm Shore Hotel  for the year 31 December 2023.   Revenue                                                           $                   $                     $ Room Sales                                                                          800,000 Allowances                                                                                2,500 Net Revenue                                                                                              797,500 Expenses           Salaries & Wages                                   100,000           Employee Benefits                                   23,000                      Total Payroll & related expenses                       77,000           Other Expenses                      Commissions                        2,000                      Contract Cleaning                           5,000                      Laundry & Dry Cleaning                   6,500…