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3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Years

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3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Years 2000 Occupancy Average Daily #of Rooms Sold Percent (Occ.%) Rate (ADR) (5) 26,400 66.00 80.00 26,000 65.00 82.00 27,200 68.00 90.00 26,800 67.00 88.00 Room Revenue (5) 2112,000 2,132,000 2,448,000 2,358,400 2001 2002 2003 Based on the operational data, budget the room revenue for Bolufsen Resort for 2004

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