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revenue management-performance metrics

Question 1 Oscar is the revenue manager for the 180 room Belle Suites. Last year his ADR was $149.99. Disappointed in his occupancy rate last year, he decided to reduce his room rates this year by 10% to help increase his sales and improve RevPAR. The action resulted in an upswing in occupancy, from 73% last year to 85% this year. Last year, Oscar’s controllable operating costs were $60 per room and this year they rose to $62 per room. In your re

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25 Other / Other University Of Toronto / BUS6510 18 Nov 2020