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Suppose that Franlin Inn is has 7,440 rooms available each year. The following financial data between the years between 2007 and 2011 is as follows:

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Suppose that Franlin Inn is has 7,440 rooms available each year. The following financial data between the years between 2007 and 2011 is as follows: Years #of Rooms Sold Occ.% ADR Room Revenue 2007 4,836 65.00% $89.00 $430,404 2008 5,952 80.00% $91.00 $541,632 2009 4,464 60.00% $76.00 $339,264 2010 5,580 75.00% $78.00 $435,240 2011 6,324 85.00% $101.00 $638,724 Based on the historical financial data, budget the room revenue for Franlin Inn in 2012. $460,812.55 $471,500.10 $470.450.00 $472,514.40

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