What percentage of occupancy is needed to break even
A motel has a fixed annual cost of $641,000 applicable to its rooms. The hotel has 208 rooms. The room rate is $90 per day and the variable cost per room is $45. the motel is open for 365 days. What percentage of occupancy is needed to break even?
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A motel has a fixed annual cost of $641,000 applicable to its rooms. The hotel has 208 rooms. The room rate is $90 per day and the variable cost per room is $45. the motel is open for 365 days.
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