You're given this information.
Hotel Occupancy = 36.713%
Hotel Average Daily Rate (referred to as ADR) = $105.364
Hotel Revenue Per Available Room (referred to as RevPAR) = $38.683
Competitive Set's RevPAR = $35.457
Hotel's RevPAR Index = 109.1%
Target RevPAR Index is 133.0%
You are instructed not to raise or lower your ADR.
What Occupancy percent should your hotel reach in order for you to attain this 133.0% RevPAR Index?
At first I was like :| but then I lol'd. I tried talking aloud to try and answer but then it confused Leo and then neither of us knew how to do it. haha
ps someone else should post! the rest of you!
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