The task I am struggling with: La Villa is a village in the Italian Alps. Given its enormous popularity among Swiss, German, Austrian, and Italian skiers, all of its beds are always booked in the winter season and there are on average 1200 skiers in the village. On average skiers stay in La Villa for 10 days. a) How many new skiers are arriving on average in La Villa every day? b) A study done by the largest hotel in the village has shown that skiers spend on average $50 per person on the first day and $30 per person on
The task I am struggling with:
La Villa is a village in the Italian Alps. Given its enormous popularity
among Swiss, German, Austrian, and Italian skiers, all of its beds are always booked in the winter season and there are on average 1200 skiers in the village. On average skiers stay in La Villa for 10 days.
a) How many new skiers are arriving on average in La Villa every day?
b) A study done by the largest hotel in the village has shown that skiers spend on average $50 per person on the first day and $30 per person on each additional day in local restaurants. The study also forecasts that due to increased hotel prices the average length of stay for 2003/2004 season will be reduced to five days. What will be the percentage change in revenues of local restaurants compared to last year when skiers still stayed for 10 days? Assume that hotels continue to be fully booked!
Thank you very much for your help.
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