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Occupancy Rate Jake's Cabins is a small motel chain with locations near the national parts of Utah, Wyoming, and Montana. The chain has a total
Occupancy Rate Jake's Cabins is a small motel chain with locations near the national parts 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 Guest Nights Nights per Visit 1 2 4,400 4,400 1,500 750 3 3,600 2,250 2.400 100 600 4 20 5 a. Determine the quest mights for lune b. Determine the available room nights for Sune. Determine the occupancy rate for ne 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? Improved
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