Based on the following information, use the 4-step process described in the text to perform a supply and demand analysis for a proposed new hotel. Use 60% as the normal occupancy and 65.4 rooms becomes 66 rooms). Round rooms, round up to the nearest whole room number (hence would be 82% and . 796 would be 80%). For gancy rates to the nearest whole percentage ( 824 would be 3.5% and .0561 would be 5.6\%) . growth rate, go out 1 decimal point rounded (.03467 Competitive Hotels (Existing) Demand sources and growth rates are business traveler 4%, vacation traveler 2% and other travelers 1%. The visitor base breakdown is 40% business, 45% vacation and 15% other. Your work should be presented in a professional manner consistent with business reports that your client could use to obtain funding from a bank (for example)