Question
The managerial team of 150-room Juve Calderon Hotel, which has single and double rooms only, has acquired the following data from its operations: - Occupancy
The managerial team of 150-room Juve Calderon Hotel, which has single and double rooms only, has acquired the following data from its operations:
- Occupancy of 70.00%
- Projected after-tax average ADR of $72.00
- 30.00% of double room occupancy
- A price difference of $20.00 more than single rooms for double rooms
Depending upon the given data, calculate the individual ADRs for both single and double rooms for Juve Calderon Hotel.
Group of answer choices
$62.73 ADR for single rooms and $80.10 ADR for double rooms
$62.40 ADR for single rooms and $79.15 ADR for double rooms
$65.90 ADR for single rooms and $85.90 ADR for double rooms
$65.95 ADR for single rooms and $85.90 ADR for double rooms
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