As the new General Manager, you aim to achieve a 3.1% increa…
As the new General Manager, you aim to achieve a 3.1% increase in the hotel’s total revenues for the upcoming accounting period. Additional goals have been set to control expenses based on the projected TOTAL REVENUES. Create a spreadsheet that outlines the budget for the upcoming period as shown below. All cells should be dynamic so that any changes made to the inputs will automatically update the results.
Read DetailsFor optimal Total Sales in a month of 30 days for the hotel,…
For optimal Total Sales in a month of 30 days for the hotel, Rooms Sales should contribute an average of 50% to Total Sales of the hotel. And F&B sales should account for an average of 45%. What will be Projected Optimal Rooms Sales if F&B Director estimates $72,455 F&B Sales for the upcoming accounting period of 30 days. Show your work of calculations below.
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