Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Square Foot Calculation Use numbers from Q.1, but use square footage of room, not number of rooms ____________________________________________________________________________________________________________________________________________________________ 1. Hotel has 80,500 square feet in
Square Foot Calculation Use numbers from Q.1, but use square footage of room, not number of rooms ____________________________________________________________________________________________________________________________________________________________
1. Hotel has 80,500 square feet in 275 rooms
2. @ 75% occupancy only sq.ft are occupied
3. Daily required return is $ (Room Revenue/365)
4. Each square foot must generate $ per day
5. A 300 sq.ft room would sell for $
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