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Occupancy % v3

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 27, 2015, 1:20:57 AM
Occupancy %=Rooms SoldTotal Rooms in Hotel-OOO Rooms
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trh
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bc055a1a-33fd-11e5-a3bb-bc764e2038f2

The Occupancy % (v3) calculator 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 out of order (OOO). 

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 % v3, is used in 2 pages
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