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Imagine your recently constructed 100 room hotel has determined that it will use the rule of a thousand to set room rates. The total
Imagine your recently constructed 100 room hotel has determined that it will use the rule of a thousand to set room rates. The total cost of building the hotel was $15,000,000 and 20% of the infrastructure investment relates to non- accommodation hotel activities such as Food and Beverage. What price should be charged per room night? Show your calculation. Your answer 10 points
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