AB 206 IUPUI The Night Audit Report and Maximizing Revenues Discussion Assignment: The Night Audit Report and Maximizing Revenues The night audit report i

AB 206 IUPUI The Night Audit Report and Maximizing Revenues Discussion Assignment: The Night Audit Report and Maximizing Revenues

The night audit report is an important document that ensures the accuracy and completeness of the daily transactions. The executive team uses it to know the number of guests on the property and it tells them the day’s revenue by department. It also lets them know that the revenues collected match actual funds in the safe.

Part 1: Assist the night auditor in preparing the operating statistics from the night of June 1st:

$40,100 room revenue received

300 total rooms available

95 group rooms sold at the group rate of $127 each

140 corporate rooms sold at the rate of $189 each

25 rooms sold at the discounted rate of $102 each

320 total guests in the house

Checklist: (Please access the formulas and show your work)

Identify the occupancy percentage
What is the average daily rate (ADR)?
Identify the RevPAR
Identify the yield

Show your work and responses to answer all four checklist items in a Word document

Please look at the formulas and please show the work