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Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the table below: Based on

Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the table below: Based on the operational data above, calculate the room revenue for Bolufsen Resort for 2004.

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$3,143,000

$2,830,680

$1,912,450

$2,380,000

Years 2000 2001 2002 2003 #of Rooms Sold 26,400 26,000 27,200 26,800 Occupancy Percent (Occ.%) 66.00 65.00 68.00 67.00 Average Daily Rate (ADR) ($) 80.00 82.00 90.00 88.00 Room Revenue ($) 2,112,000 2,132,000 2,448,000 2,358,400

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