What would the average room rate for each type


A 45-room resort hotel has three sizes of rooms, as follows: 15 singles at 150 square feet each 15 doubles at 220 square feet each 15 suites at 380 square feet each Occupancy is 80 percent. Demand for each type of room is aboutequal. The projected total sales revenue from rooms next year is $912,500. If average room rate were to be based solely on room size, what would the average room rate for each type of room be next year?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What would the average room rate for each type
Reference No:- TGS0711502

Expected delivery within 24 Hours