Question: A 9 9 - room hotel's fixed cost is 1 million per year and the variable cost is 4 0 % of revenue. If 7
A room hotel's fixed cost is million per year and the variable cost is of revenue. If of the revenue is from the rooms division, what is the breakeven RevPAR? assume the hotel opens days per year
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
