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Jessie Jones has just been named the general manager of the Balmour Hotel. The hotel...

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Accounting

image Jessie Jones has just been named the general manager of the Balmour Hotel. The hotel has 300 rooms and a full-service restaurant. January 1 of this year is her first day of work and Jessie has received the following information regarding the property's December of last year operating results: What was the hotel's average daily rate (ADR) for June? Circle your response accordingly. $130.00 $140.00 $150.00 $120.00 What was the hotel's occupancy percentage for June? 80.0% 65.0% 60.0% 70.0% What was the hotel's RevPAR for June? $105.00 $100.00 $110.00 $115.00 What was the restaurant product cost percentage for June? 29.0% 30.0% 32.0% 28.0% What was the property's profit margin for June? 21.0% 19.0% 18.0% 20.0%

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