A hotel has 200 rooms available for sale. The hotels rack rate is $175 per room. Last
Question:
A hotel has 200 rooms available for sale. The hotel’s rack rate is $175 per room. Last night the hotel sold 140 rooms at rack rate. What was this hotel’s yield last night?
a. 70%
b. 75%
c. 80%
d. 65%
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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