| Beachfront Guest House |
| Effective May 1, 2018 |
| Peak Rentals | Off-Peak Rentals |
| Rental Type | No. Units | Per Day | Maximum Revenue | Per Day | Maximum Revenue | Discount Rate |
| Studio Apartment | 6 | 149.95 | 120 | 720 |
| 1 Bedroom Suite | 4 | 250.45 | 174 | 696 |
| 2 Bedroom Suite | 2 | 450 | 247.55 | 495.1 |
| Questions & Answers |
| Assume all 12 units are rented as you answer the following questions: |
| (1) Which rental type generates the most maximum revenue for peak rental periods? |
| Apply Yellow highlight to the correct answer below: |
| Studio Apartment |
| 1 Bedroom Suite |
| 2 Bedroom Suite |
| (2) Which rental type generates the most maximum revenue for off-peak rental periods? |
| Apply Yellow highlight to the correct answer below: |
| Studio Apartment |
| 1 Bedroom Suite |
| 2 Bedroom Suite |
| (3) Why is there a difference? |
| Change XX.X to the correct values at the end of the following sentence. |
| The Studio Apartment is discounted only 20% for off-peak periods, whereas the 1 Bedroom Suite is discounted XX.X%. |
Kobra123
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