Question

Super Sleep Hotel is a single hotel with 150 rooms. During the month of September, the hotel had 3,375 guests, who each stayed a single night. What is the occupancy rate for September?

Answer 1

75%

Explanation:

For the computation of occupancy rate for September first we need to determine the total availability of rooms is shown below:-

Total availability of rooms = Number of days in September × Number of room

= 30 × 150

= 4,500

Now,

Occupancy rate = Number of guest ÷ Total availability of rooms

= 3,375 ÷ 4,500

= 0.75

or

= 75%

Therefore for computing the occupancy rate we simply applied the above formula.