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You want to open an 88-room 4 star hotel and have to present your idea to investors. What do you expect the annual operating costs

You want to open an 88-room 4 star hotel and have to present your idea to investors. What do you expect the annual operating costs to be and how will you present your idea to investors? (see expected revenue table below)

Occupancy

# Occupied

Revenue

100%

88

$17,600.00

90%

79

$15,840.00

80%

70

$14,080.00

70%

62

$12,320.00

60%

53

$10,560.00

50%

44

$8,800.00

40%

35

$7,040.00

30%

26

$5,280.00

20%

18

$3,520.00

10%

9

$1,760.00

(based on min. $200/night)

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