Randi Yvette Beamer
Unit 5 Assignment - Preparation and Review of the Night Audit
Dr. Jan Roy
June 20, 2013
Night Audit – Step one The night auditor is done to show the daily operation statistics of the hotel. This audit will assist the GM and department directors are seeing how they are doing on meeting their targeted budget.
|June 1st. |Figures |
|Room Revenue |$41,216.00 |
|Rooms Available |306 |
|Rooms Sold |280 |
|Guests |300 |
|Rack Rate |$147.00 |
Dividing the number of rooms sold by the number of rooms available and then multiplying the result by 100 will give you the Occupancy Percentage. The occupancy percentage for June 1st is 91.5%. The Average Daily Rate (ADR) can be figured out by dividing the room revenue by the number of rooms sold. The average daily rate for June 1st is $147.20; to determine what the RevPAR you will need to divide the amount of room revenue by the number of the rooms available; June 1st RevPAR is $134.69. To identify the yield you will need to multiply the number of rooms sold by the average daily rate, than multiply the number of rooms available by the rack rate, then divide both answers and multiply it by 100. The yield for June 1st operating statistics from the night is 92%.
Night Audit – Step two
The hotel has 450 rooms and room rate of $169.00
Date |Rooms Sold |Rooms Available |ADR |Room Revenue |RevPAR |Yield | |Day 1 |389 |61 |$165.00 |$64,185.00 |$1,052.21 |6% | |Day 2 |430 |20 |$166.65 |$71,660.00 |$3,583.00 |21% | |Day 3 |325 |125 |$172.00 |$55,900.00
References: Bardi, J.A. (2011). Hotel Front Office Management (5th Edition). Hoboken, NJ: John Wiley & Sons, Inc.