You have been asked to forecast revenues for the Kenwood Hotel and Restau- rant, a 100-room lodging property with an average daily occupancy of 75% and an average daily rate by market segment as follows:

Mix of Room Sales ADR Business 40% $55 Group 20% $50 Tourist 20% $58 Government 20% $45 The 60-seat restaurant in this lodging property is open for three meals a day. The average seat turnover and average meal checks are as follows:

Seat Turnover Average Meal Check Breakfast We $3.90 Lunch Yi $5.40 Dinner Vp $8.50 Assume the year has 365 days.

Required:

1. Forecast rooms revenue for this lodging property for the year.

2. Forecast food revenue for the restaurant for the year.