How do you calculate occupancy index?
How do you calculate occupancy index? Occupancy is calculated by dividing the number of rooms sold by rooms available. Occupancy = Rooms Sold / Rooms Available. Occupancy Index – The measure of your property occupancy percentage compared to the occupancy percentage of your competitive set. Formula: Hotel OCC/ competitive set OCC * 100. What is … Continue reading How do you calculate occupancy index?
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