Recently, the management of the Brugge Luxury hotel has projected that they can generate $150,000 and $152,000
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Recently, the management of the Brugge Luxury hotel has projected that they can generate $150,000 and $152,000 in revenues in 2011 and 2012 respectively. However, the total revenues were actually $155,000 and $160,000 in 2011 and 2012 respectively. If the management would like to sell 2,500 rooms in 2013, what is the forecasted ADR in 2013?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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