ShadyPalms Hotel Has 100 Rooms

question 115

Multiple Choice

ShadyPalms Hotel has 100 rooms. During the month of February, it had 500 guests, each staying 5 nights. The occupancy rate for ShadyPalms Hotel for the month of February (not a leap year) was closest to

• A)70%
• B)80%
• C)90%
• D)120%

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Definitions:

Risk-Averse Investor

An investor who prefers lower risks, often accepting lower returns to avoid potential losses.

Risky Asset

A type of financial instrument or investment that carries a higher degree of risk, potentially leading to greater returns or significant losses.

Risk Free Asset

An investment with a guaranteed return and no risk of financial loss, typically government bonds.

Expected Returns

The anticipated profit or yield from an investment, considering both the risk and the return.