Holiday Inn Express is proposing to place a bid to sell 125 rooms for a Tuesday night next month at a rate of $109.00 per room. Chuck believes that if the hotel wins this group bid, the transient room sales for that day will ensure a sell-out at the rate of $141.50. All questions will be based on this scenario. To better answer the questions, prepare a form similar to this: Rooms sold ADR Total Revenue Total variable cost Net Revenue Without group With group 125 95 TOTAL QUESTION 4 What would be the total amount of net revenue (after-variable costs room's revenue) the hotel will achieve if it does not win the group contract? QUESTION 5 What additional factors might Chuck and the DOSM take into account before determining whether to bid on this piece of group rooms business? Holiday Inn Express is proposing to place a bid to sell 125 rooms for a Tuesday night next month at a rate of $109.00 per room. Chuck believes that if the hotel wins this group bid, the transient room sales for that day will ensure a sell-out at the rate of $141.50. All questions will be based on this scenario. To better answer the questions, prepare a form similar to this: Rooms sold ADR Total Revenue Total variable cost Net Revenue Without group With group 125 95 TOTAL QUESTION 4 What would be the total amount of net revenue (after-variable costs room's revenue) the hotel will achieve if it does not win the group contract? QUESTION 5 What additional factors might Chuck and the DOSM take into account before determining whether to bid on this piece of group rooms business