It is one of the most high level indicators of success and is calculated by dividing the total number of rooms occupied by the total number of rooms available times 100 creating a percentage such as 75 occupancy.
Room occupancy rate formula.
Limitations of using.
If the same hotel had 60 rooms occupied the occupancy rate would be 60 percent.
Your property occupancy rate is one of the most important indicators of success.
Fo formula hotel occupancy percentage occupancy ratio calculation.
Occupancy rate is the percentage of occupied rooms in your property at a given time.
For example if you want to find the maximum occupancy of a bar measure only where patrons will stand and not the area behind the bar.
The occupancy rate kpi can be calculated with the following formula.
It is calculated by dividing the total number of rooms occupied by the total number of rooms available times 100.
Calculate your occupancy rate.
The formula for occupancy percentage number of rooms occupied total number of.
If you have a room that is shaped irregularly separate the room into square portions for ease of measurement.
Occupancy rate number of occupied rooms total number of available rooms.
If the occupancy rate is not at 100 and the revpar is below the adr a hotel operator knows that it can probably reduce the average price per room to help increase occupancy.
How to calculate occupancy rate.
Occupancy percentage is the most commonly used operating ratio in the hotel front office the occupancy percentage indicates the proportion of rooms either sold or occupied to the number of rooms available for the selected date or period.