Final Flashcards
Percentage of Occupancy
Number of rooms sold divided by the number of rooms available for sale
ADR (Average Daily Rate)
Total dollar room sales divided by the number of rooms sold
RevPar (Revenue Per Available Room)
Total dollar room sales divided by number of rooms available for sale.
(Measured in dollars)
Percentage of Double Occupancy
The number of guests minus the number of sold rooms all divided by the number of sold rooms.
Number of Employees per Guest Room
Number of employees divided by the number of rooms available for sale.
What is the largest hotel in the United States?
The Venetian
Forbes (Mobil), uses what kind of rating system?
The traditional star system is used.
AAA uses what kind of rating system?
The diamond rating system is used.
What is the European plan?
A method of quoting room rates where the charges include room accommodations only.
What is a American plan?
A method of quoting room rates where the charge includes room and three meals.
What is the Modified American Plan?
A method of quoting room rates in which the charge includes breakfast and dinners as well as the room.
What travelers are considered to be an INELASTIC market?
Business travelers because very little change in demand comes from a change in price.
What travelers are considered to be an ELASTIC market?
Leisure travelers because high rates discourage them and low rates attract them.
Does every adjoining room connect?
Obviously every connecting room adjoins but not every adjoining room connects.
Murphy Bed
A bed that folds up into the wall.
What rooms removed from availability can not be sold no matter what?
Out of inventory rooms.