Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 11 (1 point) A 600 room hotel generated the following room sales/rates 250 rooms sold at $195 120 rooms sold at $165 95 rooms
Question 11 (1 point) A 600 room hotel generated the following room sales/rates 250 rooms sold at $195 120 rooms sold at $165 95 rooms sold at $170 Assume that the occupancy suddenly increases to 100% and the ADR remains the same. What would the RevPAR be? $163.94 $182.15 $179.63 $141.17
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started