1. You are required to assist Domino Investments to determine new room rate for Easter hotel, the idea is to determine new rate based on 2019 and 2020 performance in adapting to current pandemic situation. Used FORM 3 to calculate new room rate for Easter hotel.

FORM 3: Easter Hotel Room Rate Calculation

Rule of thousand rate

Hubbart Formula Room Rate

Room Rate based on 2019 reference

Room Rate based on 2020 reference

Easter Hotel new room rate based on 2019 and 2020 reference

Answer rating: 100% (QA)

In the bookss of YY Ltd Consolidated Statement of Comprehensive income as on 31st Oct... View the full answer