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If room sales are $50,000 in one day with 400 rooms available and 300 rooms actually sold, the ...

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If room sales are $50,000 in one day with 400 rooms available and 300 rooms actually sold, the ...

Question 1.

Dividing room revenue by the number of rooms available is known as:

• revpar

• average daily rate

• rooms occupancy percentage

• rack rate

Question 2.

If room sales are $50,000 in one day with 400 rooms available and 300 rooms actually sold, the revenue per available room would be:

• $200.00

• $125.00

• $110.00

• $225.00

Textbook

Marketing Management

Edition: 13^th

Authors: Kotler, Keller

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