Answer:
The correct answer is option (b) 90%
Explanation:
Solution
Given that:
Shady Palms Hotel has =100 rooms
For the month of February it had guests of = 500 (5 nights)
Now,
We find the rate of occupancy for the hotel for the month of February
Thus,
The total number of rooms = 28 days
=100 * 28 = 2800
Occupancy = 500 * 5 = 2500
So,
The rate of occupancy becomes =2500/2800
=89.29% which is also 90%