Question

1. What is the RevPAR of a 248-room hotel that achieved an average room rate of $134.52? The hotel recorded occupancy of 66.05%.

2.A chain-affiliated hotel with 313 rooms recorded rooms revenue of $51,140 per available room. What is the hotel’s average daily rate, if the property’s percentage of rooms revenue to total revenue is 62.9% and occupancy percentage is 67.8%?

3.What is the GOPAR on an annual basis for a 262-room hotel that achieved an occupancy % of 68.1% and an ADR of $157.37? The hotel’s room revenue % to total revenue is 64.7% and GOP % is 33.3% of total revenue.

4.What is the occupancy percentage for a 301-room hotel that recorded rooms revenue of $132.42 per occupied room? The hotel’s rooms revenue on a per available room basis is $31,986. Do not enter the "%" sign.

Answer 1

1. RevPAR = Occ% *ADR = 134.52* 66.05% = $88.85

2. ADR = RevPAR/ Occ% = 140.11 / 67.8% = $206.65

Workings:

RevPAR = 51140/ 365 = 140.11

3. GOPAR = GOP /Size = 5274765.60 / 262 = 20132.69

Workings:

Room revenue for the year = 157.37* 262* 68.1% *365 = 10,248,568.60

Total revenue =  10,248,568.60 / 64.7% = 15,840,136.94

GOP = 15,840,136.94* 33.3% = 5.274,765.60

4. Occupancy % = RevPAR/ ADR = 87.63/ 132.42 = 66.18%

Workings:

RevPAR = 31986 / 365 = 87.63