question archive ShadyPalms Hotel has 100 rooms

ShadyPalms Hotel has 100 rooms

Subject:AccountingPrice:2.87 Bought7

ShadyPalms Hotel has 100 rooms. During the month of February, it had 500 guests, each staying 5 nights. The occupancy rate for ShadyPalms Hotel for the month of February (not a leap year) was closest to

a.70%

b.80%

c.120%

d.90%

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Answer:

Total no. Of rooms for 28 days= 100*28= 2800

Occupancy= 500*5=2500

Occupancy rate= 2500/2800= 89.29

So answer is D) 90%

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