Rozia Chan has just been named the general manager of the India Hotel. The hotel has 300 rooms and a full-service restaurant.
November 1 of this year her first day of work and Rozia is reviewing the hotel’s operating results from the previous month. Rozia has received the following information regarding the property’s November of this year operating results:
India Hotel
Room revenue:
$ 945,000
Rooms sold:
$ 6,300
Rooms available for sale:
$ 9,000
Restaurant cost of goods sold:
$ 50,880
Restaurant revenue:
$ 169,600
Property net income:
$ 222,920
Property total sales:
$ 1,114,600