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.
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