Calculate the percentage change for the hotels revpar

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Reference no: EM131278862

A hotel had a supply of 3,000 rooms in January and sold 2,500 rooms. The total revenue was $270,000 in January. In December, the supply was the same, total revenue was $300,000 and the demand was 2,900 rooms. The competition showed an ADR of $110, an occupancy percent of 90 and a RevPAR of $ 99 in January.

1. Calculate the percentage change for the hotel’s RevPar in January:

2. Calculate the index for the hotel’s RevPAR for January.

Reference no: EM131278862

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