Burburr Resorts & Hotels Corporation owns several resorts throughout the world. Its Las Vegas Burburr location opened in 1960 and includes a hotel and casino. The Las Vegas Burburr includes five towers (named Blue, Gold, Red, Violet, and Green) containing almost 4,000 guest rooms. Beyond guest accommodations, the complex also includes casinos, retail shops, restaurants, nightclubs, a 3,000-seat entertainment venue, and a large convention facility.

The Las Vegas Burburr made headlines when it undertook a $150 million renovation. The hotel closed its Blue Tower, which was last updated in 2001, and started a major renovation of the 500 rooms housed in that tower. On January 1, 2021, the newly renovated Blue Tower reopened. In addition to renovating the existing rooms and suites in the Blue Tower, 50 guest rooms were added to the tower.

Each guest room in the new Blue Tower features designer furniture, including beds boasting a custom-upholstered headboard, thick carpet, contemporary paint colors, an 86-inch flat-screen TV, and upscale artwork. Each guest room has a stocked minibar, offering such standard favorites as gummy bears, candy bars, beer, vodka, water, carbonated soft drinks, chips, and other assorted snacks and beverages. Each bathroom has a double-sink floating vanity, custom-lighted vanity mirrors, a stone shower with two glass sides, and both a rain shower and a handheld showerhead. In-room toiletries boast the luxurious Gilchrist & Soames-branded soap and shampoo.

With the renovation completed, Burburr expects the Blue Tower room rate to average around
$200 per night. This increase, a $50 or 33% increase, reflects, in part, the room improvements.
requirement
What types of decisions might the management of the Las Vegas Burburr need to make
over the next several years? In other words, how might managerial accounting information
be useful to the management of the Las Vegas Burburr?