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    Culinary, Hospitality, Travel & Tourism
  3. Study Set
    Hospitality Financial Management
  4. Exam
    Exam 11: An Introduction to Hotel Valuation
  5. Question
    If a Hotel Has the Highest Average Rate in the Market
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If a Hotel Has the Highest Average Rate in the Market

Question 28

Question 28

Multiple Choice

If a hotel has the highest average rate in the market it


A) is the rate leader in the market.
B) usually has a high occupancy as well.
C) has a high Revpar.
D) is making a lot of money.

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