• A 329 room hotel forecasts its average room rate to be $86 for the next year with an 50% Occupancy rate.
• The hotel is open 365 days a year.
• The hotel department has a fixed wage cost with benefits of $227996 per year.
• General Variable costs are $9.79 per occupied room.
• The variable wage cost for housekeeping employees is $16 per hour and it takes 0.69 hour(s) to clean a room.
• The hotel has a 71 seat dining room.
• The dining room is open 276 days of the year for two meals.
• The dining room is only open for lunch and dinner.
• Lunch seat turnover is 2.34 with an average check of $12.
• Dinner seat turnover is 2.27 with an average check of $18.
• Direct dining room operating costs are $374534.
• The dining room's indirect expenses are $245047.

Calculate budgeted room revenue: