A hotel has 200 rooms available for sale. The hotels rack rate is $175 per room. Last

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A hotel has 200 rooms available for sale. The hotel’s rack rate is $175 per room. Last night the hotel sold 140 rooms at rack rate. What was this hotel’s yield last night?

a. 70%

b. 75%

c. 80%

d. 65%

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 12:51 AM

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A hotel has 200 rooms available for sale. The hotels rack rate is $175 per room. Last

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Managerial Accounting for the Hospitality Industry

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