2. Solent Hotel has 3,000 rooms available each year. The operational data for the past three years is as follows: Years 2007 2008 2009 #of Rooms Sold 2,100 2,130 2,160 Average Daily Rate (ADR) ($) 45.00 47.00 49.00 Room Revenue ($) 94,500 100, 110 105,840 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.

Solent Hotel has 3,000 rooms available each year. The operational data for the past three years is as follows: 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