The rate charged by a hotel when a guest arrives at about 9am and stays a few hours until about 3pm is referred to as?a.       Half Day Rateb.       Day Ratec.       Travel Agent Rated.       Incentive Rate

It is calculated by dividing the total revenue for a particular period (a day, a week, a month or a year) by the total number of guests served during that period.Average period CheckAverage Guest CheckAverage revenue CheckNone of the above

Time left 0:52:49Question 15Not yet answeredMarked out of 1.00Flag questionTipsQuestion text4. An excursionist is:Select one:a.A tourist who doesn’t spent the night in the place visitedb.A tourist who spends the night in the place visitedc.A tourist who stays more than a weekd.A tourist who visits more than one country

A motel with 100 rooms sold an average 80 room nights per day. Its average daily rate was $80. Its RevPAR is: Group of answer choices$80.$64.$50.not determinable.

What is the value of the daily rate calculation with respect to extension of time claims?

The rate used to determine the amount of interest that a borrower pays on an unsecured note and the investor receives on the unsecured note is known as the: Group of answer choices contract interest rate. discounted rate. market rate. present value rate.