Question

Financial Derivative And Risk Management

The hotel has 42 double rooms, and it is supposed to be opened 25 days per mcrate of 85%. During the low season (February, March, April, May, October, Novei

What is the amount of sales for November?

The hotel has 42 double rooms, and it is supposed to be opened 25 days per month.During the high season (January, June, July, August, September, December) the double

room price is estimated at 115 € per night, estimating an average occupancy rate of85%. During the low season (February, March, April, May, October, November) the double room price will be set at 95 € per night, estimating an average occupancy rate of55%.

What is the amount of sales for November?


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