Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Forecasting Jesse Jackson is the front office manager at the Fairmont Hotel. The hotel has 900 rooms and its market consists primarily of business travelera.
Forecasting Jesse Jackson is the front office manager at the Fairmont Hotel. The hotel has 900 rooms and its market consists primarily of business travelera. Jesse is determined to do a better job forecasting the number of rooms he will sell and occupancy he will have each day. With a better forecast, he reasons, he can have the appropriate number of staff on hand to quickly serve all the guests who arrive. Complete the following forecast, and then answer Jesse's important questions. Date: June 1 Total Rooms available Out-of-Order rooms Net Availability Day: Tuesday GO 900 25 875 110 375 P03 375 Stayovers Reservations (Arrivals) Rooms Sold or Reserved ugs 485 Forecasted Adjustments: 485 No-shows 485 Early departures Overstays Total Forecast Sold 453 Occupancy Forecast 5 a. What is Jesse's net availability for rooms on June 1? 87s b. How many rooms sold or reserved will Jess have? 85 c. After he makes adjustments for no-shows, early departures, and overstays, wh! will Jesse's total forecast in rooms be? 53 d. Based on his calculations, whai is Jesse's occupancy forecasi for june i? 5200
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started