Project completed in Hospitality class

1. Reports from
Hotel Pegasus
By
Reginald Terry
Charlotte Hedgepeth
Kierron Drewery
Sheyanne Ward

2. Table of Contents
I. Introduction
II. Reports for December
III. Reports for January
IV. Reports for February
V. Reports for March
VI. Reports for April
VII. Reports for May
VIII. Reports for June
IX. Reports for July

3. Hotel Pegasus is a 250 guest room hotel with a waterfront view overlooking the city of
Savannah, Georgia. It contains a 150 seat restaurant with a lounge area, a conference and event
space that measures 2,000 square feet, exercise room and small pool and recreation area for
children. It is a 3-4 star hotel serving the business, leisure and group segments of the industry. It
has been in operation for 8 years and has many other amenities like room service, guest laundry
and dry cleaning, and digital phone service. The hotel is a landmark meeting place and the
entrance is set in a recessed setting providing a sense of arrival to the hotel.
December Y1
For the month of December, the hotel brought in a total of $111,855 with all coming from
the restaurant sales. The hotel had a net loss of $523,445. The hotel had 7750 rooms available
with 0 room out of order and sold 0 premium rooms and 92 standard rooms with a total rooms
sold for the month of 92. The total occupancy rate for the month was 1.19% with a weekday rate
of 1.2% and a weekend rate of 1.17%. The hotel’s ADR for the month was $0 and the RevPAR
was at $0. The average guest per room was 1.29 and the transaction cost was at $12.The
expenses for the month was as follows. The room expense was $102,523 with $100,005 going to
payroll and related expenses. Other expenses include cleaning supplies, operating supplies, linen
and uniforms, and advertising expenses. In looking at the restaurant, it had a total F&B revenue
of $104,851. Our total food cost percentage was running at 30% and beverage cost at 25% for a
total F&B cost of $27,801. The expenses for the restaurant was $213,238 with $170,746 for

4. payroll and related expenses which includes cleaning and sanitation supplies, operating supplies,
and room service F&B expenses. The hotels other departments had a total revenue of $7,004
which consisted of our parking, telephone and other amenities. The total cost of sales for the
amenities totaled $368. The other expenses for that department totaled $2,723 which consisted of
many of the amenities. The organization made some renovations and refurbishments to the
restaurant and hotel.
January Y1
For the month of January, the hotel brought in a total of $666,125 with over half from the
room sales. The hotel had a net profit of $-16,145. The hotel had 7750 rooms available with 0
rooms out of order and sold 174 premium rooms and 2727 standard rooms with a total rooms
sold for the month of 2901. The total occupancy rate for the month was 37.43% with a weekday
rate of 35.45% and a weekend rate of 40.57%. The hotel’s ADR for the month was $156 and the
RevPAR was at $58. The average guest per room was 1.3 and the transaction cost was at $21.
The expenses for the month was as follows. The room expense was $100,047 with $23,600 going
to payroll and related expenses. Other expenses include cleaning supplies, operating supplies,
linen and uniforms, and advertising expenses. In looking at the restaurant, it had a total F&B
revenue of $163,110. Our total food cost percentage was running at 30% and beverage cost at
25% for a total F&B cost of $48,227. The expenses for the restaurant was $162,314 with $88,235
for payroll and related expenses which includes cleaning and sanitation supplies, operating
supplies, and room service F&B expenses. The hotels other departments had a total revenue of
$40,712 which consisted of our parking, telephone and other amenities. The total cost of sales for
the amenities totaled $11,604. The other expenses for that department totaled $3,425 which
consisted of many of the amenities. The hotel added a mini-bar to the restaurant.

5. February Y1
For the month of February, the hotel brought in a total of $690,543 with over half from
the room sales. The hotel had a net loss of $46,695. The hotel had 7000 rooms available with 0
rooms out of order and sold 168 premium rooms and 2882 standard rooms with a total rooms
sold for the month of 3050. The total occupancy rate for the month was 43.57% with a weekday
rate of 40.88% and a weekend rate of 47.17%. The hotel’s ADR for the month was $165 and the
RevPAR was at $68. The average guest per room was 1.3 and the transaction cost was at
$21.The expenses for the month was as follows. The rooms expense was $105,072 with $23,600
going to payroll and related expenses. Other expenses include cleaning supplies, operating
supplies, linen and uniforms, and advertising expenses. In looking at the restaurant, it had a total
F&B revenue of $173,983. Our total food cost percentage was running at 30% and beverage cost
at 25% for a total F&B cost of $48,387. The expenses for the restaurant was $156,596 with
$82,276 for payroll and related expenses which includes cleaning and sanitation supplies,
operating supplies, and room service F&B expenses. The hotels other departments had a total
revenue of $42,500 which consisted of our parking, telephone and other amenities. The total cost
of sales for the amenities totaled $12,200. The other expenses for that department totaled $3,463
which consisted of many of the amenities. The marketing and advertising department spent
$41,000 on public relations and the hotel website as well as implement our loyalty program. Plus
we also spent $30,000 for advertising to specific segments of the market to help focus our hotel
on gaining an edge in that market. We had to lay-off one service attendant, one bartender, one
food production attendant, one telephone attendant, and one laundry attendant.
March Y1

6. For the month of March, the hotel brought in a total of $772,839 with over half from the
room sales. The hotel had a net profit of $327. The hotel had 7750 rooms available with 0 rooms
out of order and sold 198 premium rooms and 3141 standard rooms with a total rooms sold for
the month of 3339. The total occupancy rate for the month was 43.08% with a weekday rate of
41.48% and a weekend rate of 47.70%. The hotel’s ADR for the month was $156 and the
RevPAR was at $67. The average guest per room was 1.3 and the transaction cost was at
$20.The expenses for the month was as follows. The rooms expense was $118,653 with $31,565
going to payroll and related expenses. Other expenses include cleaning supplies, operating
supplies, linen and uniforms, and advertising expenses. In looking at the restaurant, it had a total
F&B revenue of $204,989. Our total food cost percentage was running at 28% and beverage cost
at 20% for a total F&B cost of $51,929. The expenses for the restaurant was $163,093 with
$82,276 for payroll and related expenses which includes cleaning and sanitation supplies,
operating supplies, and room service F&B expenses. The hotels other departments had a total
revenue of $45,968 which consisted of our parking, telephone and other amenities. The total cost
of sales for the amenities totaled $13,356. The other expenses for that department totaled $3,535
which consisted of many of the amenities. The marketing and advertising department spent
$41,000 on public relations and the hotel website as well as implement our loyalty program. Plus
we also spent $30,000 for advertising to specific segments of the market to help focus our hotel
on gaining an edge in that market. The hotel also spent $5,000 on receiving information on
performance benchmarking to allow the viewing of our competition. The hotel had to hire three
more room attendants for our growing sales in the hotel.
April Y1

7. For the month of April, the hotel’s revenue was $688,919 with over half from the room
sales. The hotel’s revenue decrease $83,920 from last month. The hotel had a net loss of
$52,191, whereas the hotel had a $327 net profit last month. The hotel had 7500 rooms
available, 0 rooms out of order, sold 164 premium rooms and 2589 standard rooms, total rooms
sold for the month was 2753, a decrease of 586 rooms from last month. The total occupancy rate
for the month was 36.71%, weekday rate of 35.76%, and a weekend rate of 39.3%. The hotel’s
ADR for the month was $169 and the RevPAR was at $62. The average guest per room was 1.3
and the transaction cost was at $20. The expenses for the month was as follows. The room’s
expense was $107,120 with $36,875 going to payroll and related expenses. This month, the hotel
saved $11,533 in room expense from last month. In looking at the restaurant, it had a total food
and beverage revenue of $183,961, a decrease of $21,028 from last month. Our total food cost
percentage was running at 28%, beverage cost at 20%, and a total food and beverage cost of
$48,731, a decrease of $3,198 from last month. The expenses for the restaurant was $162,797
with $93,182 for payroll and related food and beverage expenses. The hotel saved $296 in
restaurant expenses from last month. The hotels other departments had a total revenue of
$38,936, a decrease of $7,032 from last month, which consisted of our parking, telephone, and
other amenities. The total cost of sales for the amenities totaled $11,012, a decrease of $2,344
from last month. The other expenses for that department totaled $3,388, a decrease of $147 from
last month, which consisted of many of the amenities. The marketing department spent $76,000,
same as last month, which includes $30,000 in advertising. The Hotel spend $406,000 in new
facilities including a fitness center that will open in June, a retail shop that will open in May, and
valet parking which will start in May. We employed 2 new front desk attendants and lay-off one

8. systems engineer, and one maintenance engineer. For the month of April, the hotel staffed 58
employees.
May Y1
For the month of May, the hotel’s revenue was $792,371 with over half from the room
sales. The hotel’s revenue increase $103,452 from last month. The hotel had a net profit of
$10,051, an increase of $62,242 from last month. The hotel had 7750 rooms available, 0 rooms
out of order, sold 202 premium rooms and 2952 standard rooms, total rooms sold for the month
was 3154, an increase of 401 rooms from last month. The total occupancy rate for the month
was 40.7%, weekday rate of 39.67%, and a weekend rate of 40.65%. The hotel’s ADR for the
month was $170 and the RevPAR was at $69. The average guest per room was 1.3 and the
transaction cost was at $20. The expenses for the month was as follows. The room’s expense
was $117,581 with $36,875 going to payroll and related expenses. This month, the hotel lost
$10,461 in room expense from last month. In looking at the restaurant, it had a total food and
beverage revenue of $200,131, an increase of $16,170 from last month. Our total food cost
percentage was running at 28%, beverage cost at 20%, and a total food and beverage cost of
$53,124, an increase of $4,393 from last month. The expenses for the restaurant was $175,078
with $90,713 for payroll and related food and beverage expenses. The hotel lost $12,281 in
restaurant expense from last month. The hotels other departments had a total revenue of $56,364,
an increase of $17,428 from last month, which consisted of our parking, telephone, and other
amenities. The total cost of sales for the amenities totaled $12,616, an increase of $1,604 from
last month. The other expenses for that department totaled $3,789, an increase of $401 from last
month, which consisted of many of the amenities. The marketing department spent $78,000
which includes $30,000 in advertising. This was $2,000 more from last month, but we added E-

9. Commerce service which was a $2,000 investment. May was the first month that we started
supplying rental and other cash balances, receiving $3,400. The total operation receipts were
$713,539, a decrease of $42,955 from last month. The majority of the difference came from
collection of accounts receivable. This month our hotel opened the retail shop and started our
valet service. We employed 2 new mini bar attendants and added guest room internet. For the
month of April, the hotel staffed 61 employees.
June Y1
For the month of June, the hotel’s revenue was $994,974, an increase of $202,603 from
the previous month. The net profit for the month of June was $49,932.The hotel had a total of
7,750 rooms available with 0 rooms out of order. In the month on June 235 premium rooms and
3055 standard rooms were sold. The total occupancy rate for the month was 43.87% with a
weekday rate of 43.47%, and a weekend rate of 44.95%. The hotel’s ADR for the month was
$145 and the RevPAR was at $65. The Average guest per room was 1.78 and the transaction cost
was at $18. The total payroll and related expenses for the month of June totaled $50,150. The
food cost of sales percentage for the month was 27.99% and the beverage cost percentage was
20.92%. The total food and beverage revenue for the month was $429,876 with restaurant
expenses being $54,898. The total marketing expenses for the month was $88,000. Not many
changes were made during the month of June besides the opening of a fitness center.
July Y1
For the month of July the hotels total revenue was $812,490, a decrease of $182,484 from
the month of June. The next loss for the month of July was$41,504. The hotel had a total of
7,750 rooms available with 0 out of order. In the month of June 239 Premium rooms were sold

10. and 3,165 standard rooms were sold making a total of 3,404 rooms sold in total. The occupancy
rate was 43.92% with 44.45% weekday occupancy, and 42.4% weekend occupancy. The hotel’s
ADR for the month was $131and the RevPAR was at $58. The Average guest per room was 1.8
and the average transaction cost for the month $18.The payroll and related expenses for the
month of July was $53,210. The total food and beverage revenue was $291,040 a decrease of
$138,836 from the previous month. The food Cost of Sales percentage for July was 27.95% and
the beverage cost of sales percentage was 21.76%. The marketing expense for the month was
$88,000.This month all of the guest room prices were decreased by an average of $100.

11. References
http://nccu.redhotelsim.com/3df5c. (2015, January).