2.2 rooms department revenue and rooms net income
Introduction
2.0 Performance and financial analysis
2.1 Total hotel revenue and total hotel net income
The spike which was recorded in the month of January and the February was due to the adjustment that was done in the advertisement which was the major driver for contributing towards the hotel revenue due to the launch of campaigns which was the major reason for behind recording the potential income which helped the hotel in reducing the cost of investment. However due to the increase in weekly budget which was set up to $ 900 per week in march was the major reason behind impacting the latter figures of the hotel revenue, the lowest drop as recorded in June when the net income was recorded $ 31,047
In august there is again some upliftment in the graph due to the increase in sales
2.2 Rooms department revenue and rooms net income
2.3 Occupancy%, ADR and RevPAR
In the graph, it can be clearly seen that the Average occupancy percentage in the year 1 was recorded 49.3% which is considerably higher than the previous year where it was 45.4%. In April there was a major drop in year 0 as it fell from 44.2% t0 34.8 in May. Similar drop was seen in the year 1 from 55.2% to 32.7%
The average daily rates of Year 1 and Year 0 were $177.39 and $106.31 respectively. The average weekend rate of the standard room started to rise in December of Year 0 from $110.03 to $230.73 which distribute the consistent growth as seen in the graph.