Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subjecthotel.ITIRooms Available (Supply)Rooms Sold (Demand)RevenueThe subject hotel10'0007'000700'000Hotel A9'0003'000400'000Hotel B9'0008'000700'000Hotel C10'0007'000700'000Hotel D7'0005'000500'000Hotel E11'0008'000700'000Hotel F8'0004'000400'000Select one:a. None of the aboveb. 106.67c. 108.00 /d. 92.59

Answered: Use the table provided below showing…

Contemporary Marketing

18th Edition

ISBN:9780357033777

Author:Louis E. Boone, David L. Kurtz

Publisher:Louis E. Boone, David L. Kurtz

Chapter14: Pricing Strategies

Section14.2: Forecasting Demand

Problem 1LO

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