
Quiz 3 - Hotel Industry Financial Ratios Quiz

Quiz
•
Business
•
University
•
Easy
Rakesh Kumar Julka
Used 53+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the acronym RevPAR stand for in the hotel industry?
Revenue per Available Room
Revenue per Average Room
Revenue per Allocated Room
Revenue per Active Room
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the Gross Operating Profit Margin calculated in the hotel industry?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating the Average Daily Rate (ADR)?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the Occupancy Rate in a hotel?
The percentage of available rooms that are occupied
The percentage of total revenue from room sales
The percentage of rooms sold at a discount
The percentage of rooms available for booking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the Cost per Occupied Room (CPOR) calculated?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does TRevPAR stand for in the hotel industry?
Total Revenue per Available Room
Total Revenue per Average Room
Total Revenue per Allocated Room
Total Revenue per Active Room
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a hotel has 200 rooms and 150 are occupied, what is the Occupancy Rate?
65%
70%
75%
80%
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