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Corporate Accounts: Hotel Accounts (Occupancy Rate)
Corporate Accounts: Hotel Accounts (Occupancy Rate)
Hotel accounts
(Occupancy rate)
By
Gayathri.S,14PGCE19
Occupancy rate
Occupancy rate- the percentage of
all rental units (as in hotels)which are
occupied or rented at a given time.
100
Room Rent
Estimated cost of operation+ Expected fair return on Inv
100
No. of lettable rooms available Occupancy rate
Ex:
calculate the rent to be charged per day for room from
following info for 5star hotel@ Delhi, if occupancy rate is
a)100% &b)80%
(a)no. of rooms available for occupancy- 40
(b)Estimated total cost for April, 2002 Rs.12,00,000
(c)Return expected- 50%on cost.
Ans: Rs.1500, Rs.1875.
Basis of charge
Ex: Arvind occupies a room in a hotel at
9am on 15th April, 2000 on European plan
@ Rs.960 for every night spent plus 10%
service charges. Calculate the amount
payable by him if he checks out at
(a)6pm on 16th april
(b)7am on 17th april
(c) 5pm on 17th april
(d) 8am on 18th april
BRAIN OCCUPANCY
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