Answer the following five questions based on the given infor…
Answer the following five questions based on the given information below. You are a member of the Revenue Management team at the Courtyard Boston, a 150-room full service hotel. Your team uses Business Intelligence system to monitor the performance of your property and to develop the revenue management strategy. Today, you were notified by your Sales team that the hotel has received a request from the tour operator Panda Travel to accommodate a group of tourists on Friday, January 28, 2020. Panda Travel has requested 70 rooms to accommodate the group and has proposed a ADR of $100. Historical KPIs Fri Sat Transient Occupancy 78% 95% Transient ADR $125 $152 Transient RevPAR $97.50 $144.40 Calculate Friday’s Total RevPAR that the hotel can earn when Panda Travel’s offer is accepted.