Occupancy % v3
`"Occupancy %" = "Rooms Sold" /( "Total Rooms in Hotel" - "OOO Rooms" )`
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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.
