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Occupancy % v4

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 27, 2015, 1:24:08 AM
Occupancy %=Rooms SoldTotal Rooms in Hotel-On-Change Rooms
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Tags
Operation Management Occupancy
UUID
2d9fb349-33fe-11e5-a3bb-bc764e2038f2

The Occupancy % (v4) calcultor computes the percent occupied using the number of units in a building that have been rented out as compared to the total number of units in the building minus the rooms that are on change rooms (OCR).  In real estate, the number of units in a building that have been rented out as compared to the total number of units in the building. 

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Occupancy Rate Definition | Investopedia." Investopedia. N.p., 21 Nov. 2010. Web. 06 Aug. 2015.
This equation, Occupancy % v4, is used in 2 pages
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