Dear Raja,
Thank you for responding to my post. To carry this a little farther, I'm wondering: is there an optimum percentage of rate within which the cost of turnover should fall?
For example, should the cost to turnover bein the range of five to eight per cent of rack rate? Or is 11 to 15% acceptable? And if it falls in the range of 18 to 25%, is that too high? Are there industry guidelines for determining what the cost should be?
Thank you for your time and attention!
Kind regards,
Debra
Received on Sun Mar 19 13:17:16 2006