Question
With the aid of examples (calculation) explain the meaning of the following terms as used in marketing of properties; i) Vacancy rate and its relation
With the aid of examples (calculation) explain the meaning of the following terms as used in marketing of properties; i) Vacancy rate and its relation to Potential Gross Revenue ii) Occupancy rate and its relation to Potential Gross Revenue iii) Absorption rate and its relation to profit b) Critically account for the factors that affect vacancy rates of properties in a market place.
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Hospitality Financial Management
Authors: Agnes L DeFranco, Thomas W Lattin
1st Edition
0471692166, 9780471692164
