Problem 10: Browny Brad’s Beach Motel (BBBM), a forty-room lodging facility, has operated for the past...
Problem 10:
Browny Brad’s Beach Motel (BBBM), a forty-room lodging facility, has operated for the past three years. BBBM’s night auditor has kept accurate records over the past year but has not analyzed any of these data. The following is a summary of the rooms sold by month:
Rooms sold:
January 400 March 700 May 960
February 600 April 840 June 980
July. 992 September 800 November 650
August. 973 October 705 December 500
Assume that the motel is open 365 days per year for business purposes and that the motel considers its “summer months” to be May, June, July, and August. The off-season comprises of all other months.
Required:
Determine the Paid Occupancy percentage for the summer months, the off-season, and the entire year.
Homework Answers
Total Room Nights available:
May-40*31=1240
June-40*30=1200
July=40*31=1240
August=40*31=1240
Total Room nights available in Summer months =1240+1200+1240+1240=4920
Total Occupancy in summer months=960+980+992+973=3905
Paid Occupancy percentage for the summer months=(3905/4920)*100=79.37%
Room Nights available during entire year =365*40=14600
Room Nights available during off season=14600-3905=10695
Total Occupancy in Off Season:
January;400
February:600
March:700
April:840
September:800
October: 705
November:650
December:500
Total Occupancy in off season=400+600+700+840+800+705+650+500=5195
Paid Occupancy percentage for the off season=(5195/10695)*100=48.57%
Total Occupancy in the whole year=3905+5195=9100
Room Nights available during entire year =14600
Paid Occupancy percentage for the entire year=(9100/14600)*100=62.33%
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Problem 10:
Browny Brad’s Beach Motel (BBBM), a forty-room lodging facility,
has operated for the past...
Problem 10: Browny Brad’s Beach Motel (BBBM), a forty-room lodging facility, has operated for the past...
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