SunnyRest Hotel has 300 rooms. During the month of March, it had 7,200 guests, each staying a single night. The occupancy rate for SunnyRest Hotel for the month of March was closest to

Question

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The occupancy rate is calculated by dividing the total number of guest stays by the total possible stays (rooms x days in the month) and then multiplying by 100 to get a percentage. March has 31 days, so the total possible stays are 300 rooms * 31 days = 9,300 stays. The occupancy rate is (7,200 / 9,300) * 100 ≈ 77.42%, which is closest to 80%.

SunnyRest Hotel Has 300 Rooms