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2) Use the following data: (Label your work) 297,000 available room nights in your hotel. Your hotel represents 18.7% of available room nights and therefore
2) Use the following data: (Label your work)
297,000 available room nights in your hotel. Your hotel represents 18.7% of available room nights and therefore its fair share 71% occupancy. Mix of demand is 63% commercial, 19% group, 18% tourist Market: The hotel is open 365 days Market mix of demand is 710,417 room nights commercial, 279,461 group, and 215,934 tourist room nights
a) How many occupied room nights are there in your hotel?
b) How many roomnights are in each segment for your hotel?
c) What is the market occupancy?
d) What percentage of roomights (share) are the commercial, group and tourist segments for the market?
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