Jerielle pelley is the front of?ce manager

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Reference no: EM13953172

Jerielle Pelley is the front of?ce manager at the 125-room limited-service Best Stay Inn. She also serves as her property's RM. Jerielle has just taken a call from Lawrence, a friend and the RM at a hotel within her comp set. Because of an internal oversight, Lawrence's hotel is overbooked by 70 group rooms next Saturday. Lawrence would like to purchase that number of rooms from Jerielle at their previously agreed upon walk rate of $75.00.Jerielle's normal rack rate is $129.00. Currently, she has 55 occupied rooms (arrivals and stay overs) on the books for that day. She estimates that she could sell, at her normal ADR, another 30 rooms by Saturday. Complete the source of business worksheet and then answer the questions that follow

Source of Business Calculation

 

Group

With Lawrence Walks

Without Lawrence Walks

Sold

 

 

ADR

 

$129.00

Total revenue estimate

 

 

Daily per room ancillary revenue

$8.00

$8.00

Total ancillary revenue

 

 

RevPOR

 

 

Total revenue

 

 

Revenue Variance

Amount

%

 

$

14.6%

Reference no: EM13953172

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