Joel is the RM for the City Center Plaza hotel. He knows that under his...
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Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotels CRS are $2.00 per each room reserved. Internet service provider (IDS) related charges paid by the hotel for rooms sold through Internet sites including uberhothotels.com are $10.00 per room sold. Given this information, help Joel complete the revenue estimate worksheet presented below.
Net ADR Yield Estimate Worksheet: City Center Plaza
Distribution Channel
Group rooms
Third-party merchant
Rooms sold
80
100
Standard rate
$185
$160
Gross revenue
Franchise fee (8%)
Franchise marketing fee (3%)
Franchisor's CRS fee ($2 per room)
IDS fee
Net total revenue
Net ADR yield
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