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Recently, the management of the Brugge Luxury hotel has projected that they can generate $150,000 and $152,000 in revenues in 2011 and 2012 respectively. However,

Recently, the management of the Brugge Luxury hotel has projected that they can generate $150,000 and $152,000 in revenues in 2011 and 2012 respectively. However, the total revenues were actually $155,000 and $160,000 in 2011 and 2012 respectively. If the management would like to sell 2,500 rooms in 2013, what is the forecasted ADR in 2013?

$61.10

$62.08

$60.80

$56.78

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