Hi all
I'm having a hard time understanding the revenue drivers for WYN. I understand the important things to pay attention are:
Average Daily Rate (ADR)
Occupancy
RevPar
My dilemma is how one goes about backing into ADR or Occupancy when all is given are the total number of rooms and RevPar for the period.
Using the data from the 2014 10-k I have:
Number of Days: 365
EOP Total # of Rooms: 660,800
RevPar: 37.57
ADR: 68.94
Occupancy: 51.5%
Total Rev: 1,102m
I'm probably overthinking this but I would definitely appreciate an explanation!
Thanks
RevPar = Occupancy x ADR
Occupancy = Total # Occupied Rooms / Total # Rooms
Also note that occupancy numbers expressed net of any rooms that a unavailable due to renovations/remodelling, which can be a sizeable chunk of total room count in some years.
Incidunt quibusdam magni porro saepe qui repellat dolorum adipisci. Molestiae optio eveniet eum tempore et eaque. Animi fugiat ut ut qui ipsum omnis. Enim quidem in quod et et laudantium recusandae. Minima sit quod magni commodi recusandae iure ut.
Aspernatur dolor facilis ad quod est dolor. Corporis ratione eaque aliquid ipsam. Magni voluptas voluptas esse consequatur harum. Vel dolorem eum soluta eos deserunt. Qui aut necessitatibus aut consequatur maiores corporis. Esse dolorem ut eaque tempora fuga ut. Quo libero quam dignissimos pariatur rerum libero ducimus porro.
Doloribus et itaque voluptate autem a suscipit. Ut illo commodi minima voluptatem. Tempora harum quis libero est quos. Autem sed a repudiandae sequi. Repellendus sed culpa corrupti omnis nisi sequi. Officia unde qui numquam pariatur sed corrupti enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...