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A motel has 40 units. During the month of June, its average room rate is expected to be $80, and its room occupancy 74%. In

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A motel has 40 units. During the month of June, its average room rate is expected to be $80, and its room occupancy 74%. In July, the owner is planning to raise room rates by 10%, and occupancy is expected to be 84% in August no further room rate raises are contemplated, but occur-pancy is expected to be up to 92%. June July August 3 4 5 6 7 8 Rooms ADR Occupancy Rooms Sold Sales 9 10

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