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Short answers: You must show your calculation to support your answers. A 120-room hotel had the following record of room sales in the first week
Short answers: You must show your calculation to support your answers. |
A 120-room hotel had the following record of room sales in the first week of March 2006:
Day Rooms Sold % Occupancy
Sunday 114
Monday 102
Tuesday 102
Wednesday 108
Thursday 84
Friday 90
Saturday 114
a) From the above data, calculate the daily occupancy rate for each day of the week.
b) Determine the mean (average) occupancy rate.
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