HBM 491: Operational Analysis Exercise #2 (Self-study with answer keys) Lesson 5 Hotel Room Pricing 1. Determine the operating income necessary to yield a net after-tax income of $56,000 using a current tax rate of 30%. 2. Using information given in E6. 1, identify the amount of income tax to be paid. 3. A rooms operation reported a total of 18,760 rooms sold, with a total of 23,450 guests in the previous year. What was the double occupancy rate? 4. A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted sales revenue for the coming year is $842,712. What is the average room rate expected to be? 5. Assume a rooms operation had 45 each, 220-square-foot rooms, and 25 each, 160- square-foot rooms with an average 70% occupancy for both types of rooms. Room sales revenue per day of $2,390 is required. Determine the rate to charge for each square foot. 6. You have been given the following information about a hotel for the next year. The hotel has 40 rooms and expected occup