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Calculate the construction cost for upper-tier hotels, which is cell F3 in the 3. Upper-tier Hotels
worksheet. Use a formula that multiplies the hotel size (# of rooms) in cell D3 by the
construction cost per room listed for its appropriate State in the Construction cost per room table.
Use the Index+Match function to find the cost per room for the appropriate State for upper-tier
hotels in the Construction cost per room table and multiply it by the hotel size (in cell D3) in the
3. Upper-tier Hotels worksheet.Copy this formula (in cell F3) and paste it into cells F4 through
F12. Construction cost per room begin{tabular}{|l|c|c|c|} hline multicolumn{1}{|c|}{ State } &
Luxury & Upper up & Upscale  hline MD & $185,000 & $148,000 & $111,000  hline VA &
$191,000 & $152,000 & $115,000  hline PA & $199,300 & $159,300 & $120,000  hline
end{tabular}

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Calculate hotel construction cost with INDEX-MATCH formula

  • 1. Calculate the construction cost for upper-tier hotels, which is cell F3 in the 3. Upper-tier Hotels worksheet. Use a formula that multiplies the hotel size (# of rooms) in cell D3 by the construction cost per room listed for its appropriate State in the Construction cost per room table. Use the Index+Match function to find the cost per room for the appropriate State for upper-tier hotels in the Construction cost per room table and multiply it by the hotel size (in cell D3) in the 3. Upper-tier Hotels worksheet.Copy this formula (in cell F3) and paste it into cells F4 through F12. Construction cost per room begin{tabular}{|l|c|c|c|} hline multicolumn{1}{|c|}{ State } & Luxury & Upper up & Upscale hline MD & $185,000 & $148,000 & $111,000 hline VA & $191,000 & $152,000 & $115,000 hline PA & $199,300 & $159,300 & $120,000 hline end{tabular}