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The following data generated from Hotel X financial data in June 2 0 2 3 Revenues: Room Revenues 1 4 0 , 0 0 0

The following data generated from Hotel X financial data in June 2023
Revenues:
Room Revenues 140,000
Bar Sales 15,000
Dining Room Sales 10,000
Gift Shop Sales 18,000
Total Revenues 173,000
The hotel contains 120 double rooms
During June 2023, if you know that the room rate for 50% of the guests is $40 per pax, and the room rate for 50% of the guests is $50
per pax, what would be the occupancy rate for June 2023?

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