The hotel manager received an offer to hold the local bikers' club annual meeting at the hotel in march, which is the hotel's low season with an occupancy rate of under 50%. the bikers' club would reserve 45 suites for three nights if the hotel could offer a 50% discount, or a rate of $100 per night. the hotel manager is inclined to reject the offer because the cost per suite per night is $125.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The hotel manager received an offer to hold the local bikers' club annual meeting at the hotel in march, which is the hotel's low season ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When retailers allow a vendor to sell products on consignment, they:?
Answers (1)
Nathan works as a materials scientist for a carpet manufacturer. He has developed a material that does not work well in carpeting, but it could have applications in hard flooring or other construction products.
Answers (1)
g Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $84,000. The company's beginning merchandise inventory was $20,000 and its ending merchandise inventory was $18,000.
Answers (1)
Select the items that name types of producers buyers companies governments nonprofit organizations
Answers (2)
Standard deviation measures the dispersion of an investment's return around the expected return a. True b. False
Answers (1)
New Questions in Business
The project manager is a systems analyst with a diverse set of skills-management, leadership, technical, conflict management, and customer relationship-who is responsible for initiating, planning, executing, and closing down a project A. True B.
Answers (2)
A firm operated at 80% of capacity for the past year, during which fixed costs were $210,000, variable costs were 70% of sales, and sales were $1,000,000.
Answers (1)
Sally works at All About Tires. Sally's boss tells her that the new tires they received in the store will last for 60,000 miles and are effective in the snow. Sally is a new employee and does not know much about tires herself.
Answers (1)
You visit the local convenience store looking for a refreshing drink on a pleasant day. you know that you want a new type of cola beverage you've heard advertised on the radio, and reach into the refrigerator for what you think is the caffeine-free
Answers (1)
Which of the following is an example of arbitrage? A. A firm buys $250,000 of palladium today, with an option to sell it at $275,000 in one year if interest rates rise above 10%. B.
Answers (1)