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Business, 29.10.2019 03:31 hoopstarw4438

Chuck stout is the rm for the holiday inn express. his 220-room property normally sells 85 percent of its rooms on tuesday nights at an adr of $141.50. all variable costs related to selling his rooms are $55.00 per room. the dosm at his holiday inn express is proposing to place a bid to sell 125 rooms for a tuesday night next month at a rate of $109.00 per room. chuck believes that if the hotel wins this group rooms bid, the transient room sales for that day will ensure a sell-out at the rate of $141.50.what would be the total amount of after-variable costs rooms’ revenue the hotel will achieve if it wins the group rooms contract? $14,967.50$13,442.50$16,175.50$18,7 47.50what would be the after-variable room’s income if the hotel does not win the contract? $16,175.50$14,967.50$18,747.50$14,5 47.00

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Chuck stout is the rm for the holiday inn express. his 220-room property normally sells 85 percent o...
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