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What is a 250-room hotels actual market share if it has an average daily rate of $97.50 and a REVPAR of $72.25? It operates in
What is a 250-room hotels actual market share if it has an average daily rate of $97.50 and a REVPAR of $72.25? It operates in the market place with a competitive set of four hotels providing a total of 1,325 rooms daily (excluding the subject hotel). The competitive set achieved an overall occupancy rate of 82.3%.
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