Question
The owner of the Kasche Inn has seen occupancy dip over the last six months to 60% and requires your assistance with proposed room rate
The owner of the Kasche Inn has seen occupancy dip over the last six months to 60% and requires your assistance with proposed room rate discounting. The marginal cost per room sold is $20 and the ADR is $80.
Determine the equivalent room occupancy (ERO) if the ADR is reduced by $10?
Determine the ERO if the ADR is reduced from $80 by 10%
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
