Independent hotel-caters to both business-leisure travelers

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Reference no: EM131229816

The Evanstonian is an upscale independent hotel that caters to both business and leisure travelers. On average, one-third of the guests checking in each day are liesure travelers. Leisure travelers generally stay for 3.6 nights-twice a long as the average business customer.

A) On an average day, 135 guests check into The Evanstonian. On average, how many guests of each type are in the hotel on any given day?

B) How many times per month does the hotel turn over its inventory of guests (assume 30 days per month)?

C) The average business traveler pays a rate of $250 per night, while leisure travelers pay an average rate of $210 per night. What is the average revenue The Evanstonian receives per night per occupied room?

Reference no: EM131229816

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