The Building Cost (Room) Rate

Multiple Choice

The Building Cost (Room) Rate:

A) Is simply a rule-of-thumb, a frequently quoted yardstick for room rates
B) Includes land improvements (landscaping, for example) as part of building costs
C) Works out to be $1 per $1,000 in construction costs
D) Translates into larger-sized rooms requiring higher room rates
E) All of the above except D