Use the following information to answer this question: Total guests during the year for a hotel Number of rooms available (per day) Occupancy REVPAR The ratio of room revenue to total revenue The ratio of gross operating profit to total revenue 166,576 463 78.855% 92.01 65% 45%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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11

Question 17
Use the following information to answer this question:
Total guests during the year for a hotel
Number of rooms available (per day)
Occupancy
RevPAR
The ratio of room revenue to total revenue
The ratio of gross operating profit to total revenue
The total revenue per available room is
$141.55
$114.55
$151.55
$115.55
None of the above
166,576
463
78.855%
92.01
65%
45%
Transcribed Image Text:Question 17 Use the following information to answer this question: Total guests during the year for a hotel Number of rooms available (per day) Occupancy RevPAR The ratio of room revenue to total revenue The ratio of gross operating profit to total revenue The total revenue per available room is $141.55 $114.55 $151.55 $115.55 None of the above 166,576 463 78.855% 92.01 65% 45%
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