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MBA 13-4 Utilization rate Stop-N-Stay and Paradise Inn operate motels across the northwest. Operating data for each chain are as follows: Hotels Rooms per Hotel
MBA 13-4 Utilization rate Stop-N-Stay and Paradise Inn operate motels across the northwest. Operating data for each chain are as follows: Hotels Rooms per Hotel Total Rooms Stop-N-Stay 50 180 9,000 Paradise Inn 60 10,500 For August, each chain reported the following: 175 Room Nights Average Daily Occupied Room Rate Stop-N-Stay 239,940 $125 Paradise Inn 292,950 $95 1. Determine the occupancy rate for Stop-N-Stay for August. 2. Determine the occupancy rate for Paradise Inn for August. 3. Determine the total room revenue for each chain for August. 4. Compare and comment on the operating results for each chain
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