Last year, the Innside Holiday group of hotels recently underwent a major transformation from being an upmarket hotel to an eco-hotel with environmentalism being its core driver as well as unique selling proposition. One year after the transformation, Innside Holiday revealed that its average occupancy rate is down from 80% to 60% but revenues have increased by nearly 20%.
All of the following, if true, explain the rise in revenues of Innside Holiday, EXCEPT:
A. The Innside Holiday Group has increased tariffs for its rooms by more than 50%.
B. The Innside Holiday Group's revenues from its restaurant and spa increased after its transformation to an eco-hotel and compensate for the decrease in occupancy rate.
C. The Innside Holiday Group reduced the cost of its operations by 40%.
D. The Innside Holiday Group generated significant revenues from the sale of products made from its recycled waste.
E. The Innside Holiday Group has increased the number of rooms available at its hotels by more than 50%.
All of the following, if true, explain the rise in revenues of Innside Holiday, EXCEPT:
A. The Innside Holiday Group has increased tariffs for its rooms by more than 50%.
B. The Innside Holiday Group's revenues from its restaurant and spa increased after its transformation to an eco-hotel and compensate for the decrease in occupancy rate.
C. The Innside Holiday Group reduced the cost of its operations by 40%.
D. The Innside Holiday Group generated significant revenues from the sale of products made from its recycled waste.
E. The Innside Holiday Group has increased the number of rooms available at its hotels by more than 50%.
