What was Hotel A ADR index against its competitor Hotel B?

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
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What was Hotel A ADR index against its competitor Hotel B?

 

 

Room Type
Queen @ $x Rate
King @ $169
King @ $179
DBDB @ $199
DBDB @ $x Rate
Suite Tier 1
Suite Tier 2
Total
Rate
$169.00
$179.00
$199.00
$349.00
$399.00
Hotel A
Rooms Sold Revenue
30
50
$3,180.00
40 $7,160.00
30
50 $8,900.00
30
$6,980.00
50
Hotel B
Rooms Sold Revenue
70
40
60
30
25
5
35
$7,420.00
$3,380.00
$10,740.00
$4,450.00
Transcribed Image Text:Room Type Queen @ $x Rate King @ $169 King @ $179 DBDB @ $199 DBDB @ $x Rate Suite Tier 1 Suite Tier 2 Total Rate $169.00 $179.00 $199.00 $349.00 $399.00 Hotel A Rooms Sold Revenue 30 50 $3,180.00 40 $7,160.00 30 50 $8,900.00 30 $6,980.00 50 Hotel B Rooms Sold Revenue 70 40 60 30 25 5 35 $7,420.00 $3,380.00 $10,740.00 $4,450.00
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