A hotel is open 365 days per year. It has 125 rooms available for sale. Last year
Question:
A hotel is open 365 days per year. It has 125 rooms available for sale. Last year the hotel sold 34,450 rooms. What was the hotel’s occupancy percentage last year?
a. 75.5%
b. 85.5%r
c. 55.5%
d. 65.5%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
Answered By
Qurat Ul Ain
Successful writing is about matching great style with top content. As an experienced freelance writer specialising in article writing and ghostwriting, I can provide you with that perfect combination, adapted to suit your needs.
I have written articles on subjects including history, management, and finance. Much of my work is ghost-writing, so I am used to adapting to someone else's preferred style and tone. I have post-graduate qualifications in history, teaching, and social science, as well as a management diploma, and so am well equipped to research and write in these areas.
4.80+
265+ Reviews
421+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Dun Streets Department Store would like to develop an inventory ordering policy with a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the...
-
Dunstreets Department Store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the...
-
Founded in 1985, Starbucks Corporation offers brewed coffees, espresso beverages, cold blended beverages, various complementary food items, and related products at over 12,000 retail outlets in the...
-
A steel spur pinion has 16 teeth cut on the 20 full-depth system with a module of 8 mm and a face width of 90 mm. The pinion rotates at 150 rev/min and transmits 6 kW to the mating steel gear. What...
-
1. Explain the differences between public, private, and community clouds. What are some of the factors to consider when choosing which of the three to use? 2. How do cloud threats differ from...
-
Bolt Company is a clothing manufacturer. The following items relate to transactions that occurred close to Bolts December 31 fiscal year-end date. Item I: Merchandise costing $5,000 was shipped to a...
-
During the audit of the financial statements of Amis Manufacturing, Inc., the company's president, R. Alderman, and E. K. Luddy, the auditor, reviewed matters that were supposed to be included in a...
-
Billabong Tech uses the internal rate of return (IRR) to select projects. Calculate the IRR for each of the following projects and recommend the best project based on this measure. Project T-Shirt...
-
Contracts and Intentional Torts No unread replies.No replies. Module objectives: 1. Display in your discussion answer an understanding of the elements of a contract.2. Understand the type of...
-
A two dimensional quadrupole consisting of four charges +q, -q, +q and -q located at the points (a2,0),(-a2,0),(0,a2) and (0.-a2). calculate the quadrupole moment tensor [12ga (a) -12ga o [1qa -12ga...
-
Last night a hotel achieved an ADR of $220.00 and total rooms revenue of $66,000. The hotel has 400 rooms available for sale. What was the hotels occupancy percentage last night? a. 75% b. 80% c. 85%...
-
A restaurant achieved $150,000 in net income. The restaurants balance sheet shows assets of $600,000, and liabilities of $200,000. What is this restaurants return on equity ratio? a. 37.5% b. 0.375%...
-
This ones a little harder. Suppose the current share price for the firm in the previous problem is $63.82 and all the dividend information remains the same. What required return must investors be...
-
Neuropsychology is a growing field of psychology. Answer the following questions about neuropsychology: What is the most interesting part of the neuron to you, and why? Do you think our endocrine...
-
Describe what is psychiatric technician. 2. Is either Biopsychology, Clinical Neuropsychology, or Cognitive Neuropsychology an interesting career? why or why not?
-
What novel approaches exist for the valorization of biomass-derived feedstocks through catalytic conversion routes, with a focus on the design of efficient catalysts and reaction pathways to produce...
-
The study of the structure and function of the brain in connection to behavioral and psychological processes is known as neuropsychology. If a disease involves brain lesions and evaluations that...
-
How neuropsychologists and neurologists work together. How do neurologists and neuropsychologists work together and complement each other? After researching on the topic in published sources such as...
-
Determine whether each integral is convergent or divergent. Evaluate those that are convergent. In x dx .2
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Lightner Trophies Inc. uses a job order cost system for determining the cost to manufacture award products (plaques and trophies). Among the company??s products is an engraved plaque that is awarded...
-
Cox Publishing Inc. began printing operations on August 1. Jobs 101 and 102 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 103 and...
-
The following account appears in the ledger after only part of the postings have been completed for March: Jobs finished during March are summarized as follows: a. Journalize the entry to record the...
-
The following data refers to Huron Corporation for the year 20x2. Sales revenue $ 2,106,000 Raw-material inventory, 12/31/x1 89,000 Purchases of raw material in 20x2 731,000 Raw-material inventory,...
-
As Venue Manager, you have decided you will meet with a new employee who joined the organization just yesterday and share with them the compliance information that applies to two of the areas in...
-
Tourism is seen by many as the absolute advantage for several countries in the Caribbean. Simpson (2022) states that the Caribbean is the most tourism-dependent region in the world. How can your...
Study smarter with the SolutionInn App