A 45-room resort hotel has three sizes of rooms as follows, Ask an Expert

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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?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9981574

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