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1) A motel has 40 units.

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1) A motel has 40 units. during the month of June, its average room rate is expected to be $80, and its room occupancy is 74%. In July, the owner is planning to raise room rates by 10%, and occupancy is expected to be 84%. In August, no further room rate raises are contemplated, but occupancy is expected to e up to 92% for each of the three months of June, July and August, calculate the budgeted rooms sale revenue.;2. Using the information listed below, calculate the total budget food sales revenue and beverage sales revenue for the month of August. (This particular August has four Sundays);A dining room has 66 seats, and is open 6 days a week for lunch and dinner (closed on Sundays). Beverage sales revenue normally averages 15% of lunch food sales revenue and 32% of dinner food sales revenue.;Management has forecasted the following totals;Turnover Average Sales;Lunch 1.75 $12.95;Dinner 2.75 $16.95

 

Paper#79735 | Written in 18-Jul-2015

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