Question

The 100-room Fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening the hotel had 90 of its rooms occupied and total cash receipts for the evening totaled $9,000.00. What was the motor lodge's average daily rate (ADR) for that particular evening?

Answer 1

Answer:

$100

Explanation:

Average daily rate (ADR) for an hotel or a motor lodge is the total revenue earned in a day divided by the number rooms that is sold for that day,

From the question, the ADR for the 90 rooms sold at $9,000 can be calculated as follows:

ADR = $9,000 / 90 = $1,00.