As a consultant for the Feasibility Company, you are to estimate the under supply of rooms for the greater Remington area. Remington has 5 hotels with current occupancies as follows:

Hotels	Number of Rooms	Average Daily Occupancy
Alpha	200	68%
Beta	250	78%
Charlie	150	72%
Delta	200	84%
Echo	180	92%

Expected annual growth in demand is as follows:

	Sales Mix	Annual Compound Growth
Business	50%	10%
University	20%	6%
Government	20%	8%
Convention	5%	2%
Tourist	5%	2%

a) What is the average daily demand for room nights at this time?

b) What is the average annual growth rate?

c) What is the projected average daily demand 5 years hence?

d) Based on the above information, calculate how many more rooms the entire area could support and still achieve a 65% daily occupancy in 5 years.