How many new skiers are arriving on average in lavilla

Assignment Help Business Management

Reference no: EM131255131

La Villa:-

LaVilla 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, 1 ,200 skiers in the village. On average, skiers stay in LaVilla for 10 days

a. How many new skiers are arriving-on average-in LaVilla 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 the 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!

Reference no: EM131255131

Questions Cloud

What is the flow rate of the highway : While driving home for the holidays, you can't seem to get Littles Law out of your mind. - What is the flow rate of the highway (going in your direction) in cars per hour?

Software engineering process methods and tools : 1. Describe the relationships among software engineering process methods and tools? 2. What are the primary advantages of the component based process model for Software engineering?

What is the advertising elasticity of demand : what is the advertising elasticity of demand facing a typical producer, under the assumption that each producer has chosen its price and advertising level to maximize profits

Owner of a software engineering company : You are the owner of a software engineering company. Your employees (engineers) want you to pay for them to attend training.

How many new skiers are arriving on average in lavilla : 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, 1 ,200 skiers in the village. - How many new skiers are arriving-on average-in LaVill..

Description of the procedural steps : Describe the steps you took to use each function. Explain when each function would be useful. Submit a copy of original document and amended document you created together with your description of the procedural steps you took (saved as one file).

How many times each year does the retailer tum its inventory : How many times each year does the retailer tum its inventory? - The company uses a 40 percent per year cost of inventory.

How an end-user interacts with an operating system : GUIs play an important role on how an end-user interacts with an operating system. Describe an instance where you did not have an intuitive experience with a GUI. Recommend the key areas that could have been improved. If you have only had intuitiv..

Why cultural sensitivity plays an important role : Describe how the Special English technique can make it easier to communicate clearly with foreigners and why cultural sensitivity plays an important role when conducting business abroad.

User Account

All Pages