A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted

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A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted sales revenue for the coming year is $842,712.

What is the average room rate expected to be?

LO1

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:00 AM

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A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted

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Hospitality Management Accounting

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