Calculate composite growth rate of demand for hotel rooms

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Reference no: EM131507900

Question: 1. A resort hotel is to be located in a mountain area near a major highway about 150 miles from the closest town or city. What sources of demand might you consider in a feasibility study for this property?

2. Briefly describe how a composite growth rate of demand for hotel rooms can be calculated.

Reference no: EM131507900

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