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The following are selected items from Elm Hotel's most recent financial statements. Food & Beverage Revenue Room Rental Revenue Number of Rooms 2020 $1,125,000 $3,830,000
The following are selected items from Elm Hotel's most recent financial statements. Food & Beverage Revenue Room Rental Revenue Number of Rooms 2020 $1,125,000 $3,830,000 100 Occupancy Rate 89.0% The hotel is open 365 days a year. Determine the sales revenue per available room (RevPAR) for 2020. $93.38 $383.00 $3.830.00 $104.93
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