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Business, 19.11.2019 02:31 wonderland12372

The sleeping beauty lodge is a 200-room hotel that was built ten years ago for a total project cost of $10,000,000. the market value of the facility is now estimated at $15,000,000 and the general manager estimates that the level of guest services is worth at least $3,000 per room per year. a close competitor of the hotel charges $75 per night per room. according to the $1 per $1,000 approach to pricing rooms, what should the price of a room night be at the sleeping beauty lodge?

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