Sunrise Suites and Nationwide Inns operate competing hotel chains across the region. Hotel capacity information for both hotels is as follows:     Number of Hotels Average Number of Rooms per Hotel Sunrise Suites     120         90     Nationwide Inns     150         76     Information on the number of guests for each hotel and the average length of visit for June were as follows:     Number of Guests Average Length of Visit (in Nights) Sunrise Suites     183,600         1.5     Nationwide Inns     228,000         1.2     a. Determine the guest nights for each hotel in June.     Guest Nights Sunrise Suites   fill in the blank 1 Nationwide Inns   fill in the blank 2 b. Determine the room nights for each hotel in June.     Room Nights Sunrise Suites   fill in the blank 3 Nationwide Inns   fill in the blank 4 c. Determine the occupancy rate of each hotel in June.     Occupancy Rate Sunrise Suites   fill in the blank 5 % Nationwide Inns   fill in the blank 6

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sunrise Suites and Nationwide Inns operate competing hotel chains across the region. Hotel capacity information for both hotels is as follows:

    Number of Hotels Average Number of Rooms per Hotel
Sunrise Suites     120         90    
Nationwide Inns     150         76    

Information on the number of guests for each hotel and the average length of visit for June were as follows:

    Number of Guests Average Length of Visit (in Nights)
Sunrise Suites     183,600         1.5    
Nationwide Inns     228,000         1.2    

a. Determine the guest nights for each hotel in June.

    Guest Nights
Sunrise Suites   fill in the blank 1
Nationwide Inns   fill in the blank 2

b. Determine the room nights for each hotel in June.

    Room Nights
Sunrise Suites   fill in the blank 3
Nationwide Inns   fill in the blank 4

c. Determine the occupancy rate of each hotel in June.

    Occupancy Rate
Sunrise Suites   fill in the blank 5 %
Nationwide Inns   fill in the blank 6  

d. Based on the occupancy rates calculated above which of the following statements is correct?  

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