3 1. Calculate the Average Daily Rate for the following hotels4(2 Decimal Places)>57B90129 ThHotel AHotel BHotel CHotel DHotel ETotalROOMSAVAILABLE2501472362453870ROOMS SOLD210134133197307OCC %84.00%91.16%56.36%80.41%79.28%77.55%REVENUE$ 34,230.00$ 20,368.00$ 24,871.00$ 27,186.00$ 38,068.00ADRSheraton Toronto has 752 rooms and the following business volumes for the week of November 7th to 13th. C

Average daily rate refers to the method which is calculated by taking the total revenue earned…

Calculate the Average Daily Rate for the following hotels (2 Decimal Places) Hotel A Hotel B Hotel C Hotel D Hotel E Total ROOMS AVAILABLE 250 147 236 245 387 ROOMS SOLD 210 134 133 197 307 00 FOR OCC% 84.00% 91.16% 56.36% 80.41% 79.28% 77.55% 55% REVENUE $ 34,230.00 $ 20,368.00 $ 24,871.00 $ 27,186.00 $ 38,068.00 ADR

Calculate the Average Daily Rate for the following hotels (2 Decimal Places) Hotel A Hotel B Hotel C Hotel D Hotel E Total ROOMS AVAILABLE 250 147 236 245 387 ROOMS SOLD 210 134 133 197 307 00 FOR OCC% 84.00% 91.16% 56.36% 80.41% 79.28% 77.55% 55% REVENUE $ 34,230.00 $ 20,368.00 $ 24,871.00 $ 27,186.00 $ 38,068.00 ADR

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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