Answer:
Rev PAR = $200
Explanation:
Given:
Hotel room = 300
Guest room = 450
Average daily rate = $300
Rev PAR for the past weekend = ?
Computation:
Total rooms revenue = Hotel room × Average daily rate
Total rooms revenue = 300 × $300
Total rooms revenue = $90,000
Computation of Rev PAR for the past weekend:
Rev PAR = Total rooms revenue / Guest room
Rev PAR = $90,000 / 450
Rev PAR = $200
