RevPar is closely watched because it reflects management's overall ability: bringing in business and holding down expenses.
Correct Answer:
Verified
Q24: "Mom-and-Pops"and the highway motels that they once
Q25: A budget hotel might have a 1:1
Q26: Innkeeping is a cyclical industry that goes
Q27: RevPar is the product of ADR (say
Q28: RevPar measures revenue relative to the total
Q30: Once a hotel achieves its break-even point,
Q31: Occupancy measures quantity and ADR measures quality.
Q32: The number of rooms available is known
Q33: There are approximately 250,000 hotels and about
Q34: Which spelling is correct?
A) Accommodations
B) Accommadations
C) Acomodations
D)
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