Although occupancy rates increased by 2.8% (from 72% to 74% which now exceeds the budgeted level), revenue, net of discounts,only increased by 1.8%.
This means that revenue per room per night after discounts in 20x7 was lower than in 2x06,-"in fact room revenue net of discount in 20x7 is higher than in 20x6 and how it is possible to be lower?confused here
despite the standard rate being higher ($140 v $135)
standard revenue------------------111890-------------------104976
discounts----------------------------(16783)-------------------(11540)
room revenue net of discounts-95107---------------------93436
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March june 2019 best night co
5y ago#1The answer does not say that the total revenue is lower.
It says that the revenue per room per night is lower, which it is.
how you can find it if units are not given .
5y ago#3Given that you are given the total revenue at standard price per night, you can divide to get the number of room nights.
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