Calculate the total potential revenue

 
You are the Director of Rooms for a Boutique Hotel which contains25 room in downtown Vancouver. You must determine out the last 7 guests who have called central reservations, which 5 guests should be accepted and explain why. From there you must calculate the total potential revenue per guest, total rooms sold, total gross revenue, marginal cost per room, non-room revenue per room and the final net revenue.
 
Scenario
 
You have a corporate group in-house that is taking up most of your rooms. They are going to be having a private dance on Friday and Saturday night and will have an open bar until 2:00 AM. There are 10 rooms that when not occupied will be out of for maintenance work. This leaves you with 5 rooms left to sell for the remainder of the week (i.e. Monday through Saturday). There are 7 guests who have just called central reservations. Which 5 guests will you accept, and why? Using all the given information throughout this assignment select the guests that will assist you in achieving the most net revenue for the week.
 
Be sure to complete the following tasks to achieve full marks:
 
· Hotel Tape Chart
 
· Which guests you will accept and which guests you will decline, and explain why?
 
· Complete the Final Chart (Only Fill in the White Boxes)
 
Hotel Tape Chart /29 Marks
 
Using the rate offerings below, complete all blank boxes in the hotel tape chart. Rate Offerings:
 
• Rack Weekday Rate $145.00 (Monday to Friday)
 
• Rack Weekend Rate $170.00 (Saturday

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