Occupancy Rate

Jake's Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total of 500 guest rooms. The following operating data are available for June:

Number of Guests Nights per Visit Guest Nights

4,400 1 4,400

1,800 2 3,600

750 3 2,250

600 4 2,400

20 5 100

a.Determine the guest nights for June.

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b.Determine the available room nights for June.

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c.Determine the occupancy rate for June.

?%

d.Assume that the occupancy rate for June of the prior year was 82%. Has the utilization rate for Jake's Cabins improved or declined?

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