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What is rev par?
Rev par: revenue per available room (in hospitality parlance)
What data is used to calculate the break even point?
Following data is required to calculate break even point: 1 - Sales revenue or sales price per unit 2 - variable cost per unit 3 - fixed cost
What is the total revenue at break even point if Ace corporation's variable costs are equal to 43 percent of sales revenue and their fixed costs per month are 600000?
Revenue at BREAK EVEN point is $0.00
Units sold multiplied by average price per unit?
Total revenue
How revenue is treated under long-term contract?
Revenue is calculated as per percentage of completion method in long term contracts like construction contracts as first of all total cost and revenue is determined and after that it is allocated to specific fiscal year according to the percentage of completion of contract or project
How can you calculate cost per occupied room?
You can calculate the cost per occupied room by evaluating all of the costs of each occupied room such as the cost of cleaning, maintenance or repairs. The addition of all of these costs together will give you the cost per occupied room in your building.
What is room revenue?
the amount received through selling rooms. it can be calculated in REVPAR (Revenue per available room) and REVPOR (Revenue per occupied room)
How do you calculate average number of nights occupied per room and the occupancy rate if the given was only the number of rooms and number of nights occupied from January to December?
Average number of nights occupied per room = Number of nights occupied from January to December / Number of rooms.Occupancy rate = 100 * Average number of nights occupied per room /365
How do you generate or determine room rates?
If it deals with AVERAGE ROOM RATE then:- TOTAL REVENUE divided by the No of ROOM OCCUPIED for that period. E.G:- no of rooms availabe - 500 occupancy - 75 % (375 rooms occupied) total revenue - 93750 thus, AVG ROOM RATE =93750/375 =Rs 250 /- per room. (SOUMIK)
How do you calculate revenue per available room?
Total Room Revenue in a Given Period, Net of Discounts, Sales Tax, and Meals---------------------------------------------# of Available Rooms in Same Period
How can you calculate occupancy rate of hotel with complimentary and house use rooms?
Do you mean how do you calculate occupancy or how do you calculate the Average Daily rate? To calculate the Average Rate = Rooms Revenue divided by Rooms Sold To Calculate Occupancy = Total Rooms Sold divided by Total number of rooms available in the hotel x 100
How do you calculate the cost per occupied room for laundry chemicals?
Weigh the linen from a room - topsheet, towels, spreads, bathmat, sheers, etc. Determine your cwt for processed goods (cost per hundred weight). Example: each room averages 15 pounds of linen. Your chemical cost to process 100 pounds is 1.50. Your cost per occupied room is 10 cents
Calculate revenue per ton-mile?
To calculate revenue per ton mile, divide revenue (R) by the product of the weight in tons (T) and the distance in miles (M) traveled. Revenue per ton mile = R/(T x M)
What is cost per occupied room?
The actual cost per room per day for laundry products - for example, if a motel/hotel spends $600.00 a month for laundry products, and it was a 30 day month, the cost per day would be easy to calculate: $600.00 divided by 30 days = $20.00 per day. Hotels normally know their occupance rate (or percentage). If this example is a 200 room facility, with 65% occupancy at month end: 30 days times 200 rooms = 6000 times .65 (65%) = 3900 occupied rooms. Take the same $600.00 total cost in this example divided by the 3900 occupied room and you should come up with slightly over .15 cents per occupied room. Cost per occupied room is generally calculated on a month by month basis.
What is revenue par?
Rev per average room
What is trev par?
Total Revenue Per Available Room
What is REVS?
Rev par: revenue per available room (in hospitality parlance)
