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Problem 1 The Tyler Motel has 20 double rooms and 10 single rooms. The average daily rate (ADR) is $48. Assume 24 rooms are sold
Problem 1 The Tyler Motel has 20 double rooms and 10 single rooms. The average daily rate (ADR) is $48. Assume 24 rooms are sold each night. ADR $48 Rooms sold per night - 24 Total daily revenue $1,152 Let x-room rate for a single room. Find x. Complete the following chart: ADR Room Rate for Doubles Assumed Sales Mix Compared with Singles SinglesDoubles Singles Doubles 1. +$10 2. +$20 3, 10% higher 4. 30% higher 12 8 10 12 12 16 14 12
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