Tysen McCarthy wants to develop a plot of real estate he owns in Middleville.

He is interested in knowing the current average occupancy of competitive hotels in Middleville.

Research reveals the following:

Competitive Number Daily Average Properties of Rooms Number of Rooms Sold Sunset Inn 100 63 Valley Motel 80 60 Hilltop Lodge 120 80 Highrise Hotel 300 210 The lodging facility that McCarthy wants to construct would have 200 rooms.

Required:

1. What is the average daily occupancy for Middleville?

2. What would be the fair share of the market for McCarthy’s proposed lodg- ing facility?