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A 9 9 - room hotel's fixed cost is 1 million per year and the variable cost is 4 0 % of revenue. If 7

99 -

room hotel's fixed cost is

1

million per year and the variable cost is

40 %

of revenue. If

75 %

of the revenue is from the rooms division, what is the breakeven RevPAR?

(

assume the hotel opens

365

days per year

)

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