A hotel has 253 rooms with a maximum room rate of $176. Assume the hotel charges a discounted price of $120 for first 44% of its rooms and then charges the maximum room rate for the remaider of the rooms. Using this strategy what is the hotel's yield? Round to the nearest two decimals

Answer rating: 100% (QA)

To calculate the hotels yield using this pricing strategy you need to find the total revenue generat... View the full answer