TT Lodging Establishments internal financial data is presented as follows: Financial Data: 2010 2011 Available...
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TT Lodging Establishments internal financial data is presented as follows: Financial Data: 2010 2011 Available Rooms 24,400 24,400 Occupancy % 72.00% 81.00% ADR $158.00 $166.00 Total #of Guests 12,410 15,330 Total Food Revenue $806,650 $1,287,720 Gross Operating Profit $486,000 $511,000 Total #of Food Plates 82,000 93,000 Total #of Seats in F&B Outlets 102 102 Rooms Occupied by Two or More People 3,000 3,850 Using the internal financial data table demonstrated above, calculate Revenue per Available Room (RevPAR), Revenue per Available Customer (RevPAC), Gross Operating Profit per Room, Average Food Service Check, Average Guest Occupancy per Room Sold, Multiple Occupancy, and Seat Turnover RESPECTIVELY for JTT Lodging Establishment in 2011 (assume that there are 365 days in a year and all F&B outlets are open 365 days in a year)
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