A small motel operation with 40 rooms has an average occupancy rate of 70 percent. The forecasted

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A small motel operation with 40 rooms has an average occupancy rate of 70 percent. The forecasted sales revenue for the coming year is

$776,720. What is the average room rate expected to be?

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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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Question Posted: Jun 28, 2024 01:12 AM

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A small motel operation with 40 rooms has an average occupancy rate of 70 percent. The forecasted

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Hospitality Management Accounting

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