Question
A beautiful hotel in Ireland has just spent the last year going through a massive renovation. Using the Rule of Thumb formula, when given the
A beautiful hotel in Ireland has just spent the last year going through a massive renovation. Using the "Rule of Thumb" formula, when given the following:
- The hotel has 405 Rooms
- The hotel cost $25.8 million in construction and labour
*REMINDER, BE SURE TO SHOW ALL OF YOUR CALCULATIONS *Reminder if you only enter the final answer, you will receive a zero grade
- Calculate the ADR for each guest room?
- What is the expected annual revenue?
- How many years before the owners will see an ROI?
Hi i need the answers of these three questions ?
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Managing Information Technology
Authors: Carol Brown, Daniel DeHayes, Jeffrey Hoffer, Wainright Marti
7th Edition
132146320, 978-0132146326
