ThuderingWind
Well-known member
- Joined
- Dec 30, 2012
- Messages
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I just got this from the place we are looking at. It is a foreclosed property (interesting back story - the banker involved in now in jail for bad loan).
Source Nights Revenue ADR
Walk-In Nights 1199 $13,460.44 $15.18
Phone Nights 1731 $34,157.74 $19.02
Web Nights 118 $9,034.29 $75.29
This is only for 1 May 2014 to 23 Oct 2014. No advertising. Bank using a one-man manger to keep the place active and safe. No meals.
The math is not working for the me with the report (it is a hotel software printed report).
They sold 3058 night during a period that did not have that many nights. There are only 3650 nights available in a year for this Inn (10 rooms * 365 days open)
Please explain this.
Source Nights Revenue ADR
Walk-In Nights 1199 $13,460.44 $15.18
Phone Nights 1731 $34,157.74 $19.02
Web Nights 118 $9,034.29 $75.29
This is only for 1 May 2014 to 23 Oct 2014. No advertising. Bank using a one-man manger to keep the place active and safe. No meals.
The math is not working for the me with the report (it is a hotel software printed report).
They sold 3058 night during a period that did not have that many nights. There are only 3650 nights available in a year for this Inn (10 rooms * 365 days open)
Please explain this.