HM 441 Formulas 16 Questions with Answers 2023
ADR - CORRECT ANSWER Room revenue/number of room nights sold
Room Revenue - CORRECT ANSWER room nights sold x net room rate
Occupancy Percentage - CORRECT ANSWER
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HM 441 Formulas 16 Questions with Answers 2023
ADR - CORRECT ANSWER Room revenue/number of room nights sold
Room Revenue - CORRECT ANSWER room nights sold x net room rate
Occupancy Percentage - CORRECT ANSWER rooms sold/total rooms available
RevPAR - CORRECT ANSWER ADR x Occupancy Rate
or
net room revenue/total rooms available
Contribution Margin - CORRECT ANSWER net room rate - variable costs
NCREMENTAL COST - CORRECT ANSWER = . TOTAL VARIABLE COSTS .
100% - (COSTS THAT ARE A PERCENTAGE)
New occ % = Current contribution margin × Current Occ. % × 100 Occ. % New contribution margin - CORRECT ANSWER Current contribution margin/new CM × Current Occ. % × 100 Occ. %
Marginal Revenue - CORRECT ANSWER the additional income from selling one more unit of a good; sometimes equal to price
marginal cost - CORRECT ANSWER the cost of producing one more unit of a good
GOPPAR (gross operating profit per available room) - CORRECT ANSWER gross operating profit for a period/available rooms during that period
Total Revenue Per Available Room (TRevPAR) - CORRECT ANSWER (Room + F&B + Other Revenue)/total available rooms
capacity market share - CORRECT ANSWER individual property available rooms/total market available rooms
room nights share - CORRECT ANSWER individual property rooms sold/total market available room nights sold
Rate achievement factor - CORRECT ANSWER adr/rack rate x 100
RevPASH (revenue per available seat hour) - CORRECT ANSWER Revenue / (Total seats * Opening hours)
or average check x occupancy
throughput rate - CORRECT ANSWER 1/throughput time x 60 min
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