Question: 1 . If the average daily rate ( ADR ) for the first night of a hotel stay is $ 8 0 and the occupancy
If the average daily rate ADR for the first night of a hotel stay is $ and the occupancy percentage is and the ADR for the second night of a hotel stay is $ and the occupancy percentage is which night appears to be more preferable in terms of revenue?
athe first night
bthe second night
cboth are equal
dThere is not enough information to calculate.
What is the contribution margin for a room that has a room rate of $ and a variable cost of $
a$
b$
c$
d$
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