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What price should be charged per room night

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Problem 1: Imagine your recently constructed 100 room hotel has determined that it will use the rule of a thousand to set room rates. The total cost of building the hotel was $15,000,000 and 20% of the infrastructure investment relates to non-accommodation hotel activities such as Food and Beverage. What price should be charged per room night?

A. $130

B. $140

C. $110

D. $150

E. $120

Reference no: EM132795721

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