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Examples of adr and revpar calculations

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Reference no: EM133136013

If you are running a 100 bedroom property as a Revenue Manager in a downtown city location. You have 4 regular restaurants, 1 Fine Dinning Restaurant, 3 Banquets hall capacity of 250 people. Try to compare 2 groups bookings as well. Such as booking of 50 rooms and 40 rooms during the same dates.

What would be your strategy to keep the hotel above 75% in occupancy without loosing the revenue during slow period ?

What would be your strategy to keep the hotel 100% occupied during the busy period ?

What segmentation method you will be using and what strategy you will be using ? Analysis the current and past situations as well. Illustrate some examples of ADR and REVPAR calculations as well for the better understanding.

Reference no: EM133136013

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