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Calculate the individual ADRs for single for Gordion

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Reference no: EM132627229

The management of 50-room Gordion Hotel, which has single and double rooms only, has acquired the following internal financial data:

  • Occupancy of 65.00%
  • Projected after-tax average daily room rate (ADR) of $54.00
  • 25.00% of double room occupancy
  • A price difference of $15.00 more for double rooms than the singles

Problem 1: Based on the financial information given, calculate the individual ADRs for single and double rooms for Gordion.

Reference no: EM132627229

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