If a 500-room resort generated a TREVPAR of $200’000 (on annual basis), an occupancy of 80% and its dollars per guest day is $400, what is its multiple occupancy %?
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If a 500-room resort generated a TREVPAR of $200’000 (on annual basis), an occupancy of 80% and its dollars per guest day is $400, what is its multiple occupancy %?
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- A 100- room hotel has an ADR of $120 per room, variable cost of $15 per room and monthly fixed cost of $200,000. The average occupancy rate is equal to 70%. Assume 30 days in a month and 360 days in a year. Find the break-even occupancy %.$4.00 in 1911 would be equivalent to ~$125.00 in 2023. If a person in 2023 earned $125 per week (52 weeks in a year), then how much would they earn for their annual income?Given the following for a retail property: This property is occupied by a single tenant: Net Rentable Space 10,000 sq. ft. Lease Rate $18.00 per sq. ft. per year Real Estate Taxes $ 1.75 per sq. ft. per year Operating Expenses $ 0.55 per sq. ft. per year Insurance $ 0.06 per sq. Ii. per year Actual Gross Sales $2,200,000 Base Sales as per Lease $2,000,000 Percentage Lease Clause 4.0% What is the amount of rent due on a per sq. ft. basis (per year) ifthe tenant has a "net net"_ (NN)Jease and a "percentage lease clause" in the lease? Please provide proper keystrokes for the BAii Plus and Gualifier Plus IIIfx calculators. Thank you!
- a) Suppose you walk into a large supermarket at 2 am with a friend. Your friend says, "I can't believe that these stores stay open all night. Only one out of fifteen checkout lines is open. There can't be more than ten shoppers in this store. It just doesn't make any sense for this store to be open all night." What conditions must be true for it to be to the advantage of the supermarket to stay open all night? b) Your friend has a large garden and grows fresh fruit and vegetables to be sold at a local "farmer's market." Last year your friend was the only worker in the garden, without any additional workers. However, this year your friend hired a worker and production more than doubled. He comments "Next summer, I think I'll hire another two workers (so total workers including myself would go up from 2 to 4) and my output should again more than double". Is it likely that he could hire more workers and always continue to reap greater than proportional increases in production? Why?What would be the purpose for a cashier’s well (pit or bucket) in a hotel that has no property management system? Why would a hotel that has a property management system in place also have a cashier’s well (pit or bucketUsing the following information, forecast the rooms sales for the next three months for a 750-room lodging operation: Month Days Occupancy % Average Room Rate Month 1 30 65 $155 Month 2 31 80 175 Month 3 30 95 185
- What must a pizza delivery service accomplish so that you are reasonably satisfied? Beyond your being reasonably satisfied, what could a pizza delivery service do that would make it really unique and create a differential advantage?How would you go about calculating the likelihood of a "super-event" or a "unique event?" What variables would you take into account ?b. If management has been offered the option of a temporary lease while the town planning board considers the motel's application, would you advise management to sign the lease? The lease will cost $40,000. X Answer is not complete. because the cost than EVPI Yes less is of
- How would you go about attempting to come upwith the probability of a “super-event” or the probability of a“unique-event?” What factors would you consider?Nyka cosmetics is planning to launch cosmetics in teen group caterigary. However,this market is crowded with a lot of competitors already Before the launch , nykaa cosmetics is trying to estimate the potential of thier cosmetics in the market by understanding the following for the next 2 years .The proportion of current cosmetics users( in teen category)who are going to switch to nykaa cosmetics. The source of business of nykaa cosmetics is the percentage of people who would use nykaa cosmetics in 2021 who once used each of the competitors for example 40% of the nykaa cosmetic users in 2021 used to use competitor 1 in 2019 In the next years ,30% of cosmetic users in teen category will switch to nykaa cosmetics .what will be the market share graph for 2021 including the 5 competitorsYEAR 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 ARRIVAL ('000) 35.5 28 30.3 36 49.5 56 72.4 71 79.3 96 DELAYED RATE 4.2 3.8 3.8 3.5 4.6 4.5 4.6 4.6 4.7 4.5 A marketing analyst for Rockstar Travel Company. He wants to analyze the trend of international tourist arrival in KL by using international tourist arrival rate and flight delayed rate over the past 10 years. Propose ONE (1) forecasting model that can be used by Alvin. Why would you proposed that particular model? Develop the forecasting model that you suggest in (i). Briefly explain your model.