Which of the following computations would provide a measure of a hotel's average room rate for a month?
A) Total letting revenue for the month / daily average rooms available.
B) Total letting revenue for the month /number of rooms sold in the month.
C) Total letting revenue for the month / total rooms available during the month.
D) Total letting revenue for the month /daily average rooms sold during the month.
E) Total letting revenue for the month / average room letting revenue during the month.
Correct Answer:
Verified
Q29: The relative financial stability of two companies
Q30: The Gold Coast Professional Conference Organisation company
Q31: Which of the following statements is untrue?:
A)
Q32: Which of the following ratios provides an
Q33: In its last financial year, the Dubbo
Q35: Which of the following statements is true
Q36: The current asset ratio is an indicator
Q37: A company's financial leverage concerns:
A) Its capacity
Q38: Which of the following contributes to a
Q39: Which of the following statements concerning Revpar
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents