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2. Solent Hotel has 3,000 rooms available each year. The operational data for the past three years is as follows: #of Rooms Average Daily Rate

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2. Solent Hotel has 3,000 rooms available each year. The operational data for the past three years is as follows: #of Rooms Average Daily Rate (ADR) (S) Years Sold Room Revenue ($) 2007 2,100 45.00 94,500 2008 2.130 47.00 100,110 105,840 2009 2.160 49.00 Based on the operational data, budget the room revenue for Solent Hotel in 2010. Also, calculate the percentage change in room revenues for 2009 over 2008 and for 2010 over 2009 separately

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