Original work please and cite accordingly! Thank you!
Write a 700- to 1,050-word summary of your findings that include the following:
- A summary of on the data and methods used to calculate key financial indicators such as Occupancy, Average Daily Rate, and Revenue per Available Room (RevPAR).
- An explanation of how Occupancy and Average Daily Rates influence RevPAR.
- A recommendation for how the Phoenix Hotel can increase RevPAR and overall revenue.
- A comparison of the Phoenix Hotel with it’s competitors on the provided chart, including any insights or advice that would improve the Phoenix Hotel’s rank among its competitors (e.g. adjustments to the sleeping room rate).
- A explanation of how lowering the sleeping room rate to improve occupancy percentage would affect overall revenue and RevPAR.