3 EBES Hotel has 90,000 rooms in the EC cities. Its main hotel in Bonn has an annual fixed cost of Euro 2,400,000 for its 100 rooms. Average daily rents are Euro 70, and average variable cost per room are Euro 25 for each room rented. It operates 365 days per year including public holidays. Required: 1. How much NOI will the main hotel of Bonn generate if the hotel is 100% occupied, 50% occupied and 75% occupied. 2. Compute the BEP in number of rooms and the percentage of occupancy for the year is needed to breakeven? And give remarks on the profitability track of the hotel as spelled out by the BEP results. 7 EE