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"The Room Rate Should Be High Enough to Meet Fixed

Question 54

Multiple Choice

"The room rate should be high enough to meet fixed and variable expenses and return a fair value to investors"is a statement associated with the:


A) Cost of Renovation rate
B) Ideal Average Room Rate computation
C) Rule of Thumb room rate calculation
D) Hubbart Room Rate Formula
E) All of the above

Correct Answer:

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