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Solve the individual adrs for single and double rooms

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Reference no: EM132540360

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

  1. Occupancy of 65.00%
  2. Projected after-tax average ADR of $54.00
  3. 25.00% of double room occupancy
  4. A price difference of $15.00 more for double rooms than the singles

Question 1: Based on the financial information given, calculate the individual ADRs for single and double rooms for Gordio

Reference no: EM132540360

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