Arrival Hotels operates a 100- room property in a location popular for "spring breakers". Occupancy rates average 97% in March and 90% in April. The average room rental is $150 per night. Expected sales for April are:

Question

Quizplus · Accepted Answer

To calculate expected sales for April, multiply the number of rooms (100) by the occupancy rate (90%), the number of days in April (30), and the average room rental ($150). This gives: 100 * 0.90 * 30 * $150 = $405,000.

Arrival Hotels Operates a 100- Room Property in a Location