Multiple Choice
Imagine your recently constructed 120 room hotel has determined that it will use the rule of a thousand to set room rates. The total cost of building the hotel was $15,200,000 and 25% of the infrastructure investment relates to non-accommodation hotel activities such as Food and Beverage. What price should be charged per room night?
A) $90
B) $95
C) $100
D) $105
E) $110
Correct Answer:
Verified
Correct Answer:
Verified
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