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Occupancy Forecast %

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 31, 2015, 2:09:43 AM
Occupancy Forecast %=Rooms Forecasted to be SoldRooms Available for Sale
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Hospitality Operation Management Forecast Occupancy
UUID
35aff26c-3729-11e5-a3bb-bc764e2038f2

Occupancy Forecast Ratio finds the percentage of the company's predicted occupancy forecast. In real estate, occupancy ratio is 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.
  • "Sales Forecasting Definition - at TrackMaven.com." TrackMaven. N.p., n.d. Web. 08 Aug. 2015.
  • "Occupancy Rate Definition | Investopedia." Investopedia. N.p., 21 Nov. 2010. Web. 06 Aug. 2015.
This equation, Occupancy Forecast %, is used in 2 pages
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