The Evasogrande Hotel has 30 rooms that are 110 square meters and 50 rooms that are 120 square meters. Both types of room run at a 75% occupancy level. The rooms manager is seeking a revenue of $2,008,800 for the 360 days that the hotel will be open next year. Using a relative room size pricing approach, determine the nightly rate that should be charged for the larger rooms.

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The Answer of The Evasogrande Hotel has 30 rooms that are 110 square meters and 50 rooms that are 120 square meters. Both types of room run at a 75% occupancy level. The rooms manager is seeking a revenue of $2,008,800 for the 360 days that the hotel will be open next year. Using a relative room size pricing approach, determine the nightly rate that should be charged for the larger rooms.

The Evasogrande Hotel Has 30 Rooms That Are 110 Square