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AP11B LO 4 The manager of Hidden Hotel determined the follo.pdf

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AP-11B LO 4 The manager of Hidden Hotel determined the following costs for 2020. Hidden Hotel has 100 rooms with an average occupancy rate of 70%. It operates 365 days per year. Required a) Determine the number of room nights to be sold during the year. b) Based on the above information, what is the breakeven room rate for Hidden Hotel? c) What is the minimum daily revenue? d) If Hidden Hotel has two different sized rooms, 150 square feet and 250 square feet, what would be the minimum rate to charge for those rooms if 50% are 250 -square-foot rooms?.

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AP-11B LO 4 The manager of Hidden Hotel determined the following costs for 2020. Hidden Hotel has 100 rooms with an average occupancy rate of 70%. It operates 365 days per year. Required a) Determine the number of room nights to be sold during the year. b) Based on the above information, what is the breakeven room rate for Hidden Hotel? c) What is the minimum daily revenue? d) If Hidden Hotel has two different sized rooms, 150 square feet and 250 square feet, what would be the minimum rate to charge for those rooms if 50% are 250 -square-foot rooms?

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  • 1. AP-11B LO 4 The manager of Hidden Hotel determined the following costs for 2020. Hidden Hotel has 100 rooms with an average occupancy rate of 70%. It operates 365 days per year. Required a) Determine the number of room nights to be sold during the year. b) Based on the above information, what is the breakeven room rate for Hidden Hotel? c) What is the minimum daily revenue? d) If Hidden Hotel has two different sized rooms, 150 square feet and 250 square feet, what would be the minimum rate to charge for those rooms if 50% are 250 -square-foot rooms?