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The Magnolia Hotel was originally purchased for exist7, 500,000. It has 150 rooms, and had total revenues of exist3, 794, 175 last year. Using the

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The Magnolia Hotel was originally purchased for exist7, 500,000. It has 150 rooms, and had total revenues of exist3, 794, 175 last year. Using the exist1 per exist1,000 rule, what should be the hotel's target ADR? exist50.00 exist164.71 exist25.30 66.70

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